Ann: Change to Registered Office Address, page-20

$1.60 would give a $326 mill market cap ,
$2.40 would give a 490 mill market cap
$3.20 would give a $652 market cap

more credible way to gauge what would be a target price after signing of the mining licence agreement is to seek valuations of similar listed companies.

one factor about stale holder pre consolidation and new share holders post consolidation is from a perspective of dilution, new holders would see cap raisings less dilutive than if we still where 8, or 10.5 cents a share having to raise at that price , unfortunately us long termers will have to suck it up as its still very dilutive to our holdings. but it does provide a more appealing buy for new comers, which is what we need to increase our share price substantially. .

once we get some info on offtakes and the updated bfs then i think the market will be happy to value us at a fair value, as a lot of risk of finance is cleared and cap raisings less likely to be factored into the market price.

DYOR , just my ramblings.