Ann: Oslo Bors Listing Update, page-4

I Think you have to wait a little to assess properly, if in feb we have finished torimin phase1 and remaining by end of May then this is significantly undervalued and we can raise later. It depends on steady state production from torimin and its relevant grade, we can also easily ramp up to a 7 day roster rather than 5.5 in June and produce much more.... Nothing has been reported on the value of stockpiles so that would be also pretty significant US 20mill from memory.