>>jay have to agree with your assessment of the ali side a...

>>jay have to agree with your assessment of the ali side a sleeping giant,but doent underestimate the potential of Silica to add significant cash to the bottom line,in short to medium term, they have stated on several occasions they will have a 80,000 ton offtake agreement by end of 2010,quality seems no problem just price negotiations For this quality silica what price 100\200 dollars ton?By their ann not only one offtake under way but multiple opportunities.<<

I did mean pm not pq... without the once off landfill expense we would have exceeded the target. I think the Director understand to try under promise then over deliver in the medium term, hopefully ST.

I could not resist loading up under 20c back a month or two ago. After buying in at 30 odd originally when Askier was telling the story at the start of year. I presume Askier is now out- as I have not heard him comment on this particular pick from him for awhile.

Maybe the Silica mine is the Sleeping Giant as no enterprise value given for this by me, plus I guess others. We want the cashflow from Ali project 1st, although I will not complain if the Silica project proves to be a good earner.

However Ben Mead (Director) stated to me their primary and No 1 focus is the Ali Project. Director must prove themselves with this project IMO to diversify so greatly as IMO....

DYOR- IMO