my valuation 35millcapex costs similar to mgx, page-5

Orlando,

I agree with you that long term, the company is going to be good for all long termers investors. But I also disagree with some of your comments.

I know that in your post you are assuming a lot of things and that's what makes discussions more interesting. But, what makes you think that the cost of production is going to reach 90 to 100 dollars per tonne, and what makes you assume that we are going to raise some capital amounting to 250Million dollars via an issue of 125million shares ?

What is wrong with rasing capital via an offtake agreement and/or raising some via a Renounceable Shares issue.?

To me the costs of 90 to 100 dollars per tonne are a little to high as well, and there are more ways than one in skinning a cat for a capital raising.

But, like you, I am assuming myself.

Buddy