attn ridock, page-2

KEZZLER

MMX 2007 proposed production =1.2mtpa
MMX 2009 proposed production =2mtpa

GBG 2009 proposed production = 8mtpa

MMX shares on issue=308m @ $5.89=$1.84b capitaliztion

GBG shares on issue =520m@$1.11=$577m capitalization

the reason that MMX cant move a lot of ore is that it is initially restricted to truck transport 500km from port. truck transport is inefficient and expensive and frowned upon because it chews up the roads

GBG is able to shift a lot of ore at startup because it is spending a lot of capex upfront on a 900mm slurry pipelin only 230km from port

a slurry pipe is more expensive up front to install but is more efficient and cheaper to operate than any other type of ore transport

the reason MMX is valued more than GBG at this point in time is that MMX has started mineing operation with minimal capex and is shifting dirt immeadiatly but inefficiently

GBG on the other hand is taking time and considerable effort to do its studies on feasbility for spending high capex to justify expenditure in long term operations for cheap efficient and profitable mining operations

DONT TRUST ME CHECK IT OUT !!