I disagree. ORD is not all about LAOS. And that is the beauty of it. There are short-medium term drivers, and all are impressive. I am not worried about the current environment we are operating in. Its a risk, and its there but I see it differently. No time to go into detail on this point, but before LAOS SP driver include:
1. Agreement on Caledon option end of this year or early 2012 (could be 10+Mill coming our way). Note ORD MC is circa 20Mill
2. GRAM JV approval (3Mill coming our way).
3. Farm-out of CF post-2
4. Drill west-flank of SJ
5. Other corp-activity; new acquisitions, new agreements being formalised.
Then in mid 2012 we will see float. BANG! 50Mill+
That article I posted was as a result of a conference Frank and Peter attended around the same time in Singapore - they were key note speakers, refer; Asian Bauxite and Alumina conference - Hilton, SNG
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