mey/forsys/bannerman comparison, page-6

Thanks Daddy,great post from you !

Here a some minor corrections:

1.MEY intends to release a scoping study in June and a Feasibility study by the end of the year.

2.Bannerman has much higher OPEX of 41 USD/lbs average over 7 years.
I think MEY will easily be able to go below this number.
(Just think of 94 % of the resource being not more than 40m below surface,with 80 % being not deeper than 20 m !)
Thus making MEY the preferred choice at the moment.

3.If it comes to the current sp i am (like most here) at a loss.However this little graphic might explain part of the decline:

http://www.rohstoff-woche.de/images/life.jpg

It remains my take however that longterm MEY could prove to be one of the best plays in the commodity sector.

Regards

Wantedman