jorc at mayoko increased 267%, page-8

Thanks Kruiser.

Much better article than the one in the Australian.

Seems to me that Sage is keen on the IPO option as retaining 25% stake and production royalty seems to be standard part of the game now.

Building the rail line is a new option which can guarantee ongoing income.

$280M worth of revenue coming in each year, lets say $200m profit, so 30 cents eps guess we would be looking at a share price of $3+. How I wish that this becomes reality, but I won't count on it.