Whate Really is goig ON, page-39

There you go again making things up. No one said it’s $200M. In fact it was well discussed and the report itself states there is very little accuracy in the $108M valuation. It was just another method of the several used. The most valid or tangible evaluation appears to be the stand alone operational plant at US$70M once upgraded for $10M including first fill etc.

I’ve posted this previously so you don’t read anything it appears. The $200M+ “extra” NPV is for a higher throughout over reported value, higher grade cobalt ore above contracted 1%Co and higher than market price for cobalt at time of reporting. All there for you to workout at the bottom of the chart. Not hard if you are genuinely interested.

So add $200M+ to the $70M base plant value......