Ann: Shareholder Approval of Capital Consolidation, page-42

Your lynas figures isn't right, because they issued post consolidation more shares, I don't follow the stock close but it's was roughly doubled on shares issued after consolidation, so their share value dollar terms got depreciated by more shares issued. Had the shares on offer stayed the same post consolidation but market cap as today, share price would have been double, pek has too much to play through as to what pek market cap is once producing, if we can obtain 80 % through finance loans or other forms of capital other than issues of shares and there isn't any unforeen processing issues no reason why our price can go at current shares on offer to $10