geolsec update, page-4

In case it was not noticed in my earlier post

"GeolSec is slated to commence production in 2010 with a targeted first year output of 15,000 tons p.a. to generate a projected pre-tax gross profit of around $5 million. GeolSec will be targeting a second year profit of $9 million, and a third year profit of $12 million.

This represents a targeted pre-tax profit of $26 million over three years commencing in 2010.

At this level it would generate a revenue stream for Korab, with gross profit of 33 cents per share over three years."

WHAT DO PEOPLE THINK OF THAT?

And we have the uranium spinoff, and the 2 gold spinoffs - I am a very happy Korabbie