re: consider aug - nov U know their 1.43 "valuation" is only...

re: consider aug - nov U know their 1.43 "valuation" is only based on 2. 8 mill tonnes oxides reserves at Browns proper. In March report they cite additional 26 mill NPV for each extra year of OXIDES reseves. CMR cites 6 - 10 atm !!! Judging by historic conservatism of our leaders, reckon it will end up being 10+. No allowance for anything other than oxides in this for mine. Thats the bread and butter. Original Jan report is much more detailed. For whatever reason reckon they are playing it down. Can guess the reasons u wld think. IMOOC.