market wrap page 23 financial review today, page-7

Jazz, go back and read the scoping study from 2009 and the updated Maiden JORC resource upgrade from 2010. This will give you a clear picture of the worth of Mt. Carbine. Back in 2009 the project after cost would give III $59M that is when Tungsten was $250 per MTU, now it is $around $330-350 per MTU and the resources is greater, it has also gone from 69.1Mt to 113Mt resources in place. So that would tell me that the project could return in excess of $150M and there is still more scoping for the resource to be expanded, plus other tenements acquired around Mt. Carbine, this project will last 15 years plus and bring in big money for III.