Hey sgoni,
talking of past news releases, check out the presentation to the Japanese ~ may '08.
Find it on arafura's web-site.
Risk is that the projected $350MMMMM gross margin, ISN'T high enough.
All imo.
Mind you, for a comp with current cap value of some $116m, don't know if we're all hod-winked, or blind to facts presented.
I'm guessing, no, I'm hanging on the 2nd option, based on info presented to-date, and assuming it's all correctly reported.
Hope it helps.
Cheers :)
risk, page-20
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