encouraging signs, page-51

While you guys are talking about options....

Based on the size of the registry's even though the Rare Earth JV is 70/30 - the appreciation in shareprice should be pretty much even on any positive development of the project.....

As someone was quereing the DMN options with a 1c exercise price, while not being impossible the valuation of DMN at that level is significant 1c = $60m fully diluted market cap - so to get into the money & then move this tick for tick they really need to represent a much higher value...

ORO in comparison fully diluted MC is $18m once the options step into the money & start following tick for tick - if they where then to reach the eqivalent $60M cap @ 2.4c then OROOA would be trading at 1.6c with no premium and 500% higher than current levels....

not saying it deserves a Market Cap there yet but just using the exercise target in dollar terms....

hope that makes sense....