some facts and figures

$33m MC @ 470m
TOP20 holds 120m

There are 9 Chinese investors on the Top 20 shareholders.
CHINA NONFERROUS METALS INTERNATIONAL MINING CO LTD
holding 23,529,411 shares on 8/10/2010.

$3m cash + $3m to receive from GRAM deal.

Has 4 projects on hand for 2011.

1st PROJECT ? Loa bauxite

Current JORC of 130MT bauxite, upgrading on the way 2.5BT

IGV @ 1.3mt x $40/2/470ms = .055 sp
IGV @ 2.5bt x $40/2/470ms = $1.06

This does not include the $600m IPO and all the bells and whistle that come with it !

Peer comparison - ORD has top resource but LOWEST E/V.

ABZ: - Market cap: $60m- Cash: $7m- E/V: $53m- No JORC resource
QBL: - Market cap: $40m- Cash: $5m- E/V: $35m- No JORC resource


2ND PROJECT - caledon resources acquisition.

Call option to purchase up to 10% interest in CCD with Market cap of $429m (Exposure to Coking coal)
So @10%/429CCD = .09csp


3rd PROJECT - Suplejack gold 100%

Aggressive exploration and drilling till end of year!!!

Suplejack is located 30 km north of Tanami Golds operating Groundrush Gold Mine and 10 km North of ABM Resources Hyperion Gold Project.

ORD interprets that there is over 200km strike length of untested or undertested structures that are often associated with gold anomalies.

Current JORC of 55000oz gold from a small drill exploration done in 2007 -

6 metres at 28.7 g/t including 1m at 144.5 g/t,

4 metres at 10.72 g/t including 1m at 28.6 g/t,

3 metres at 9.97 g/t including 1m at 28.3 g/t,

4 metres at 5.6 g/t including 1m at 20.7 g/t,

7 metres at 3.76 g/t including 1m at 20.1 g/t,

6 metres at 3.47 g/t including 1m at 9.73 g/t
and 1m at 8.56 g/t.

so impressive !!!

Current JORC of 55000oz

@1Moz x 900 /470 = $1.90sp

Just a small time peer explorer has a MC of $10m / 470s = .02cps


4TH PROJECT - Copper Flats

10m JV with GRAM, $3m cash + balance for exploration @ 49%free carry!!

Just the deal $10m/470s = .02cps and anything after that come free @49%

Some valuation figures ?

Project 1 .055 + Project2 .09 + Project 3 .02 + project 4 .02 = Fair value @ this stage . 185sp , but as thing get going $3sp.


News to come ANYDAY-

GRAM JV !!
JORC upgrade !!!
Caledon resources acquisition!!


Please feel free to add as there is so much on ORD !!!