how do we value the, page-9

Yes SP3 ,re rating to occur .
When Intersuisse presented report,close to 2 years, the economic factors where different than today.
. price of black coal was between $80 to $90 a ton.
today well over ,price range $100 to $120 and rising due to increased demand from China , India, Vietnam and now Japan due to nuclear problems.

. LOOMING carbon tax

. legislated carbon reduction in Victoria, 2020 white paper.
no longer business as usual in burning lignite.

.price of construction lower for plant $300 million today a saving of $100 million and possible further savings due to ARUPS involvement.

.MATMOR progress.

. JC STEELE involvement in reducing moisture content and a
stronger pellet.

What price ? market will decide, but if it can run to 10c just on IP Purchase once the 1.5 million deposited it is FULL COMITEMENT BY VIETNAM.
Tincom will not be acting independently without Government involvement.


http://vietnambusiness.asia/major-players-in-coal-import-discussions/
If Tincom was not interested they would not put in the initial $500,000.00