ree price over $150 us per kg, page-7

Most likely the drilling when complete will prove a large upside to present jorc resource, This is GREAT for all shareholders, also the basket price @ US$160 per kilo gives the following gross profits atm

20,000t reo @ $160 = US$3,425,000,000.00 thats 3.425billion
80,000t P205 @ US$1,250t = US$100,000,000.00
500,000 Gypsum @ US $25t = US$12,000,000.00
U308 Uranium @ US$40lb = US$13,000,000.00

Total gross revenue atm would be US$3,425 billion. Again will repeat previous comments, we will have no trouble raising the $900m required to complete Nolans Bore and the Whyalla plants.

So the repayment of Capital will now be less than 2 years and the eventual divvies to shareholders will be HUGE. The number of shares on issue will possibly double, BUT will be nowhere near what is on issue at lyc, like some 1.8billion fully diluted. One can obviously see why Pirra has steadfastly remained an astute top 20 ARU SHAREHOLDER.

Bring on Production 3rd quarter 2013, any earlier would be a GREAT bonus imho. Would not surprise to see board and management up the output to 30,000 tonnes ex Whyalla, and an increase in the Nolans Bore jorc would be the cherry on top of the cream. Please DYOR and do it well, PATIENCE here has always been the key.

Time will tell. Always does