dfs announcement, page-4

Ripper
"Including the other projects (coal, gold and copper), we are targeted a valuation of $0.20 per share at this stage, however the feasibility study, aluminium price and IPO pricing will be influential in future valuations."


"Providing an NPV of $410m and using the post IPO assumptions of ORD holding 15%-17.5% of the project, we see ORD?s NPV for the Laos Project to be $61m-$72m. Using a mid point, we have derived the project value to ORD of $66.5m or $0.14 per share."

Wait till she expands. Very exciting. Wont be long till this blows over 10c.