Report out, page-11

EXU need to do their homework...and maybe sack their engineering advisors.

CMM have contracted GR Engineering to build a 3Mtpa plant in whoop-whoop for $93M compared to the EXU BFS estimate of $84M for a 1.5Mtpa plant.

This BFS is way too conservative and presents to market with a certain naivete...maybe they want to be taken over cheaply...NST, EVN, GOR?

Anyhow...gives me a chance to load up at 10cps and double my money (providing they stop making premature unresearched announcements)

P