earning 52.8 cents per share by 2013, page-33

Thanks Royalpunter

Would like further confirmation from other posters on that....as economies of scale may mean those valuations increase?
As I say, not my forte ;)

At half way through drilling on Irvine I thought it was a worthy question as the broker reports released continue to increase the valuation;
Austock 68 cents
Investec 1.25
Intersuisse 2.80+

The most recent upgrade from 100T to 150T 'again' took us by surprise.

One of my points here is that our investment continues to appreciate in value based on drilling and proving up reserves alone.
So while we wait patiently for finance to be arranged, Mayala negotiations, enviro processes the resource builds value.

Whether there is a time lag or not...the market at some stage will have to catch up to the valuations given and to put it into perspective, the resource has multiplied in a matter of 'months'

Just how much IO at 66% is possible on Irvine taking into consideration the drilling to come?
Thats a statement as much as a question.