value of ord's share of the in ground bauxite, page-5

Please see extract from recent ann.....the areas that I really like are.....
a)Mining license after feasibility study...this means NO DILUTION untill AFTER we get mining licence.Just watch our SP go through the roof.
b) 600,000 tonne PER YEAR time $410 divided by 1/4 = a lot
c) Expect strong support from banks in MAJORITY finance.....code for minimal dilution.
d) and the one I REALLY REALLY like "This is a fantastic position for ORD. We expect big value uplift after a successful feasibility study.".......code for share holders in now get major payday.


1. We are targeting approval for our first mining license by early next year after completing feasibility
study.
2. NFC will carry out the planning for the 600,000 ton per annum capacity alumina refinery. NFC has a
long track record in planning, building and operating world class alumina mines and refineries and in
developing countries.
3. We expect strong support from Chinese banks in majority financing the project.
4. The project is perfectly positioned to take advantage of the strong long term demand for Aluminium.
5. Feasibility study can normally be quite dilutive for a small company in a JV with a larger player.
However ORD has limited financial contribution to the feasibility study and will not be diluted until
investment stage. This is a fantastic position for ORD. We expect big value uplift after a successful
feasibility study.