worth a review, page-10

Hi Seuss

I have to agree with you. BWN has a tiny market cap and is very similar to the Cockatoo from a business plan point of view. If BWN had to raise finance in the post sub-prime investment environment, we might not ever see a mine get off the ground. So a 10-15% free carried interest in a producing mine is tremendous. However, MD is targetting resources much bigger than 100m/ton though, times it by 3. If they prooves up 1 of their 5 projects over the next 2 years, the share price coulf be $2-$3 which equals a MC 100-150 m, what's COKs market cap at the moment? Still much higher than this? Oppies are an excellent play. All IMO.