2010 valuation, page-2

Sheesh Dazza, by 2010 they could be anything, but would expect them to be in the over $10 range..

I would think by then they would know exactly what Nolans would be worth and at a guess it will be around the $15 Bill mark, thats if metals prices stay high and the demand for RE's and U keeps increasing.

Its hard to factor in what Jervois is going to add to the kitty too, however we should have a taste of whats in ground there quite soon.

More drilling at Kurinelli too could provide another boost to the bottom line.

Would think by 2010 Nolans would be paying FF dividends too, which is how I'll be funding my retirement.

Could imagine in 2010, ARU having a total of $20 Bill IGV, with say around 300 Mill shares with some luck, and a JV partner helping at Nolans. Give them a PE of 10 and I'll let you sort out the numbers.

Just my thoughts of course, but there are not too many safer bets out there atm than ARU.

Cheers TCG