price, page-35

re: valuation just out - $3 +++++ conservatively One also needs to put the valuation in context - the research report has quite openly ignored and/or downsized much of the ultimate valuation potential - and even then reached $3.

Once oxides production is underway and then cash is pouring in, then research analysts will start to get more serious about the potential value that ultimately could be extracted by this company....and the price targets will rise substantially I suspect.