Hi hicbart Obviously the amount I stated was just a rough figure...

Hi hicbart

Obviously the amount I stated was just a rough figure and was not profit but income before Taxes, government fees, directors fees, loan repayments etc etc etc which all need to be added in.

It was just a quick calculation to show that the MOU's are worth hundreds of millions of dollars.

Either way, with a potential income of $360mill per year(200,000 tonnes x $1800), even a profit of lets say $100million(just a guess) is still a lot of cash for a company like MNS. Even when all the options are converted to fully paid shares its still a substantial amount per share.

just my thoughts