Hi JoesMaybe we'll get a benefication plant for Christmas in...

Hi Joes

Maybe we'll get a benefication plant for Christmas in July :) I think the announcements have indicated the middle of the year for the plant to be ready.

Prior to the plant being commissioned (or being very close to it) I think we'll only see share price movement if they get the Chinese finance.

If they're successful in selling 10% of the first 2 mines for $10m to CMMC, the cash alone should add 4c to the value of the shares ($10m/250m shares). Whether the market will agree that a successful sale of 10% for $10M values the whole company at 100m, well that would be cool, but I'd be surprised.

More likely, if they get the finance, it will give them enough cash to do final due diligence on some of the other prospective sites they have 'in the pipeline'. And any additional acquisitions might lead to some incemental increases in the share price.


Cheers
OT