project value $$, page-2

Hi Rhani

Gezz I'm glad you only ask easy questions -

What's it worth - well figures bandied around have been as high as $400,000,000 - only last week someone close to the company (but not in the company) suggested the very minimum price tag should be $100,000,000 plus - so really I don't know and to some extent I wonder if they really know either - this is kind of a first and as such leads us into uncharted waters

Yes I believe they have picked someone - I was told there were 4 parties interested in the gig to sell the project but I believe they will go with a gentleman who has a proven record in this field - I don't know however if the final workings have been agreed to or his name

What was your third question? - oh yes the share price - in my view it should be 20 cents now - I was told there will be a series of announcements which means we have had only one at this stage - the company know what they do over the next week will have a major impact on the future direction of the share price and so are not rushing to the market be rather are carefully considering how much they can say - In my view we will see 12 to 13 cents on a reasonable announcement and 14 to 16 cents if it is a great announcement

Really it depends on how many sellers we have waiting for the announcement to be their exit strategy - and also to some degree how much the company tells us about the potential of what they have - in the past they have erred on the conservative side - I think they have to leave that now and begin to promote the projects value because if they don't believe in it I don't see how others will

After next week I think the share will be influenced by serious investors coming on board - these are people who would not take a chance on EMS until they know the thing works which of course will be revealed next week

Thanks for the questions Rhani

Clyde

Hopefully my last ramblings as next week will install some facts that we can truly talk about