I don't dispute it's risky, of course it is. If it was not,...

I don't dispute it's risky, of course it is. If it was not, there would be no chance at monstrous profit.

As for the mineral prices being higher than current prices, of course they are. It is a 40 year mine and they have taken into account increased demand for the product. Their higher prices are not out of line with all of the big analysts and majors I mentioned. They all agree prices must be higher, it's just a matter of how much higher. In the context of their predictions, ARL's figures are quite conservative.

I don't think the capex is an issue when we are dealing with entities in the hundreds of billions. They either want it to go ahead and make sure it happens or they don't. Surely you can agree that's a fair assessment to make?