ramping too much, page-19

re:

Key IPO Figures
Key Components Details
1. JORC Resource
130 million tonnes (SRK Consulting upgrading now)
2. Annual refinery capacity
600,000 tonnes
3. Future refinery capacity expansion
1,200,000 tonnes
4. Estimated CAPEX
US$600million
5. Estimated project financing
70% debt financing
6. Equity raising
$180-200million via IPO on the ASX
7. IPO timing
End 2011 to early 2012

Sydney6791,

Are you saying that ORD's share is only 35% of the 130 Million Tonnes through Sarco?
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No, much less than 35%.

(49% * 35% + 49% * 51% )/2