does atlas equal monarch or fortescue, page-12

bly the 610 EV you refer to is the company market cap minus the cash position (755 - 145). Not the companys valuation of itself

with regards to the tpa calculations you provided, its best to check the presentation released from the 19/6/08, each years production is broken down year by year for each project

I agree that they will need to substantially increase reserves especially at abydos and perhaps the some of the rydley valuations were slightly overcooked. The upgraded target of 1.8-2.2 bill tonnes is a significant positive though