tungsten first 20 ton cash flow fucture growth, page-41

PG,

Even a ball park figure is hard to estimate here as we don't know the actual quality or grade of the product. All we know about the grade is that it much higher than what was used in the original feasibility model.

For what it is worth my ball park figure is $600 000 when I apply a gut feeling discount to the current price.

This price is purely my opinion and based on some very rough calcs and without all the facts. And for this reason it is probably highly innacurate and hopefully prompts some more knowledgable folk to spruik there idea of a ball park figure.

Remember that 85% of what ever the final amount is will be received upon bill of lading, with the balance paid on receipt of product minus any discount based on quality of end product.

Banksy