Ann: Fort Cady Borate Mine Video Presentation, page-6

The first screenshot is from the ABR video. Of course, there are a lot of things that change or could go wrong between now and the end of stage 3. Every investment has its risks. The second screenshot is from barchart.com

Some of the things that I like about this company is that its products are required items with growing demand, rather than a discretionary item that might lose its appeal overtime. ABR also provides a 3rd option/supplier for people/businesses wanting to buy borates/potash.

If all things go to plan the NPV of US$1.965 billion @ current AUD rate of .78 equates to about AUD $2.519 billion or approx. 5.15 of our current Market capital of $489m. So the $1.53 share today, could perhaps be worth $7.88 in the future. NPV could be seen by some as being conservative, so it could actually result in a market capital above that. If the AUD goes up, your return would go down and vice versa. We try not to put all our eggs in the one basket, but we've left one here and hope that it will grow to be big and strong.

It shows that we've been having a strong run, which is good for the company. It could allow them to get better rates if/when they go to borrow funds in the future. I'm a realist and know that strong runs don't last forever, but I hope this one keeps going for a while yet.