Ragingboom says

EXPECTATIONS AND VALUATIONS

Market expectations will dictate the share price after the ASX announcement is made. I have been putting together some calculations based on some resource estimates and levels of profitability per tonne. These figures are based on indicative prices for Bauxite – as well as Operational Expenses, Capital Expenses and the possibility of unforseen expenditure - for a resource which is near surface, has proximity to rail and road infrastructure and which has a deep commercial port within 20 km. There is obviously no sovereign risk with the operation and the current Queensland government needs to support job and wealth creating resource projects such as ours and will provide grants and incentives to accelerate our DSO Bauxite projects.

The Bauxite is bound for China and the profit figures are expressed in US dollars per tonne. Such forward projections should be used in that context only. 50MT $5 profit per tonne: $250 million profit $10 profit per tonne: $500 million profit $15 profit per tonne: $750 million profit $20 profit per tonne: $1 billion profit $25 profit per tonne: $1.25 billion profit 100MT $5 profit per tonne: $500 million profit $10 profit per tonne: $1 billion profit $15 profit per tonne: $1.5 billion profit $20 profit per tonne: $2 billion profit $25 profit per tonne: $2.5 billion profit 150MT $5 profit per tonne: $750 million profit $10 profit per tonne: $1.5 billion profit $15 profit per tonne: $2.25 billion profit $20 profit per tonne: $3 billion profit $25 profit per tonne: $3.75 billion profit 200MT $5 profit per tonne: $1 billion profit $10 profit per tonne: $2 billion profit $15 profit per tonne: $3 billion profit $20 profit per tonne: $4 billion profit $25 profit per tonne: $5 billion profit 250MT $5 profit per tonne: $1.25 billion profit $10 profit per tonne: $2.5 billion profit $15 profit per tonne: $3.75 billion profit $20 profit per tonne: $5 billion profit $25 profit per tonne: $6.25 billion profit 300MT $5 profit per tonne: $1.5 billion profit $10 profit per tonne: $3 billion profit $15 profit per tonne: $4.5 billion profit $20 profit per tonne: $6 billion profit $25 profit per tonne: $7.5 billion profit 350MT $5 profit per tonne: $1.75 billion profit $10 profit per tonne: $3.5 billion profit $15 profit per tonne: $5.25 billion profit $20 profit per tonne: $7 billion profit $25 profit per tonne: $8.75 billion profit 400MT $5 profit per tonne: $2 billion profit $10 profit per tonne: $4 billion profit $15 profit per tonne: $6 billion profit $20 profit per tonne: $8 billion profit $25 profit per tonne: $10 billion profit 500MT $5 profit per tonne: $2.5 billion profit $10 profit per tonne: $5 billion profit $15 profit per tonne: $7.5 billion profit $20 profit per tonne: $10 billion profit $25 profit per tonne: $12.5 billion profit

Ragingboom says: The mother of all monumental raging booms is imminent. The announcement that will help us rise from this darkness is near. Our saviour - the mighty QBL - will dictate the inter-generational wealth of the future. Inshallah - the pillars of strength are known and paradise is waiting.