chairman's address

Hi guys,
I posted this on the day trading thread hoping to get some feedback, I would be more than happy for the negatives that I'm missing to be pointed out to me before I dip my toes in as I lack knowledge on (PGM's)

Is the chairman's address more spin than anything or is it genuinely good news???

"The recent Mt Webber assays (Table 5) confirm there are significant ounces of gold and PGM contained in the Mt Webber ore body – many millions of ounces worth well in excess of $50billion!"

"Haoma Mining NL has found high grades of platinum group metals...The PGM grades total well in excess of 500g/t and as such are high enough for direct processing in a Chinese refinery"

"Haoma is now in negotiation with refineries in China and Europe to process the PGM rich ore. The European refinery has agreed to process a concentrate of the ore...While the Chinese will process the ore directly i.e. without concentration,"

"The intention is in the next 3 months to upgrade the Bamboo Creek Test Plant to process 10-15 tonnes of Tailings a day to produce a tonne of Concentrate a day worth about $600,000 a day."


So basically in 3 months they'll be earning $600,000 a day from a total resource worth $50 billion. Or am I missing something?