northern graphite

I have just been looking at a presentation by Northern Graphite of Canada.

Of note: Production costs expected at C$725, approx 50% of market value per tonne

$60m to set up.

Production of 19,000tonnes/yr, similar to uley capacity.

First production not until 2012.

Payback in 4yrs.

I reckon this data makes the value of uley hugely greater than is seen in the current share price.
Apologies if this info has already been discussed

source.http://www.northerngraphite.com/wp-content/uploads/2010/01/Presentation-March-20101.pdf

regards
Pixby