ord: where are we?, page-2

Timber7

I cannot see what you mean by maintenance/upkeep costs associated with CF. It's prospective ground just sitting there - there are no mines or infrastructure that require upkeep.

I don't think there is any value for this potential JV factored into ORD's SP at present, but I think it will have a great impact on ORD's SP if it is consumated - even just for the fact that it will provide funds for other exploration also. The time it's taking for approval from the Chinese Govt is annoying but I don't know how long these approvals usually take.

For me the LAOS project has always been the main asset for ORD and this alone should see ORDs value increase down the track. At a current MC of $22m I see alot of upside from this alone.

SJ, Caledon, CF and other projects are bonuses.