size of resource, page-2

Hey NB,

There are peer african iron companies and details in that broker report.
http://www.energio.net.au/irm/content/broker-reports.aspx?RID=231

As far as cash goes, my gut feeling is that there will be a raise post the Metalurgical results. My guess is it will be at a much higher price to mitigate dilution, you should check out the other broker reports and ANN. Its should all be there for you.

As for a future price, everyone has an opinion but i think a general consensus is $1 is very achievable in short to medium term. IMO. But as a smart man once said the market can stay irrational longer than you can stay solvent.

As for the rest its speculation, lots of intelligent people on the thread who might be able to help with those bigger figures.

good luck with your trades :D

shika.