presentation out, page-17

Hey Crazy Wizard,

There was a proactive investors article 22nd or 23rd saying the 10m euro loan would be instantly value accretive to the market cap because the market cap was ridiculously low at $4m. I realise it's actually $7-8m now and the figure was even wrong for last week's MC but it holds true regardless what is the value of Marianas alone 11mt 69% Fe a lot more than $8m. This share is just waiting for the lighting of the fuse to a powder keg for a re-rating but not sure if the money in the bank will be the light.

The 100% ownership of marianas is an important announcement
The permitting approval is even more pertinent.

Once production starts at Marianas it's got to be 5c IMO. I don't think the permitting will take too long for an eyesore of a dump of tailings which the company is thoughtfully reshaping into the surrounding terrain.