chart, page-133

>>The SSc deal (does anyone here really think this is just a wildcard feas-ability study going nowhere?-lol) combined with the Geelong plant is worth $3, and I'll just wait till then thanks. Alcoa worldwide partner announcement ? - add another $3 min - not announced yet but hinted at so loudly I've got a ring in my ears <<

SSC upcoming deal and Geelong Plant value $3... always appreciated your input Invest gate... how have you come to this valuation as my calculations were very similar with my discounts. My value on Geelong Plant and upcoming SSC is as follows for anyone interested (let us not go anywhere near Alcoa as the upside as it far too good to be believable in the ST);

Geelong Plant: 9 mil profit with substantial upside PE= 20 IMO... MC= 180 M = SP 1.6 . Due to SPL and NMP being good upside and revenue increases probable. Revenue being earnt now on the upside and completion imminent.

SSC: Advice from Directors in SSC indicates over 100K T pa slag processing potential. Equals base 30M pa then SPL tech highly sort after as JV. Base valuation for my money = 450 Mil minus 70% discount (Due to early stages) = 135 Mil.

Target for SSC + Geelong plant = $2.7

Come on Alcoa JV for HUGE multi bagger value in the ST.

Cheers JAY