JJJI'm now not convinced that it will move in the short term. I...

JJJ

I'm now not convinced that it will move in the short term.

I keep looking at the numbers and no matter how I calculate them a conservative valuation of just the Madagascar project puts the share price considerably higher, when I do a more realistic set of numbers then we are all sitting very nicely, If we got a really good outcome (deep vein) then I'm retired.

If investors haven't taken a position based on the information now gathered then clearly the directors will need to process the gold bars, drive them round to the brokers place and insert them through a tight opening before the market will actually sit up and take notice.



Clearly a valuation is not so simplistic but the numbers are conservative and there is no value included for the tin, NSW gold, diamonds, gemstones or future opportunities in Madagascar.

Clearly the market will re-value Torian, but it is either going to be when the marketing goes viral or further results demonstrate utter certainty.