**NEW ANN** Cameroon Congo Port & Rail Project has officially commenced, page-20

You are comparing apples with oranges.
FMG owns their own railways and mines.

ANS does not hold any mining licenses.
Our only involvement ]currently] is with the railway, and as project management partners.
Although a lot of announcements read more like we're on the sidelines with language like "ANS has been advised..." etc.

Therefore our % "take" will be considerably lower and therefore valuation would be lower than what you are suggesting.

Some posters have been behaving like children in a lolly store.
It's nice to dream, but keep it real.