Ann: Alara-Tasnim Khnaiguiyah License Bid Enters Final Round, page-59

very true Denver! We are talking here about a land with proven resource of 24 million tons of ore at %4 zinc and %0.56 copper and surface level magnesium. A mine could be erected in 24 months from now with a 2 million tons processing plant. This easily can be a 500USD NPV over 12 years which puts Alara’s per annum profits in a 51 percent ownership at 21 million USD per annum, in other words we would generate our current market cap yearly in pure profits without Oman and without even exploring the newly granted area in khaniggya.

this is so huge it can get the company to a billion dollar market cap. Which can mean 20x from here. We will be a mid tear producer in 2 to 3 years. Of course to achieve that we would have to win the license! Which i am very hopeful of!