lekke siek humms tewks please help, page-3

GC - I can't see a license deal until the 60k tpa plant is built. I reckon BHP will help us get the project financing for it, then we will be guns blazing.

But thats 2 years away. Might be a bit of a wait.

though the 3 mill a year from the Newcastle plant should help avoid placements.

Also on the valuation - one of the recent APG presentations provides updated EBIT estimates, just need to add in interest and tax and away you go.

My thoughts only.

rgds,
Fergus