Ann: RIU Explorers Conference Presentation, page-10

Worst case scenario is a profit margin of $200 per tonne multiplied by tens of millions of tonnes. A lot of the deposit here is at shallow depth some even at surface. Will be economical to mine especially as labour costs extremely cheap in Kazakhstan. This will be taken over just a matter of when. After the mineral resource upgrade, after spheroidisation tests ? I think the smart move would be to get it while it's ridiculously undervalued. Definitely being pushed down which makes me wonder. SGAO look like good buying for leverage imo.