reserves, page-2

AUT 2010 reserves and NPV(10)

1P US$ 70.2Million
2P US$ 190Million
3P US$ 986.2Million

RFE used last years 2009 reserve update and PV(10)in there last singapore presentation... (note that values in AUS$)

1p = AUS$ 87.6 Million
2p = AUS$ 280.6 Million
3p = AUS$ 468 Million



AUT has 276 million Shares with an SP north of 1$

RFE has half the number of shares 138 million at $0.57

Either we are badly undervalued or AUT Is overvalued.....