share price and cash, page-17

u prices are expected to be stronger in 2011 when bmn target production,

It's not about the price now, its about forcast.

Also, its about contract value forcast.

Dont for one minute, take the spot into consideration, or you'll make the same mistake the herd does.

The spot, was sold down, by hedge funds liquidating everthing recently.

There is no problem with the U grade, same as rossings.

I've posted on the U grade before, but to summary, it's the same as the publicted jorcs of ext and dyl and rossing, namibia.

So if Rossing are operating, and rio happy to aquire a stake in EXT for 250 mill mc prices, Derrrhh!

Talk about that recoil action, go BMN.

cheers