Ann: NTU Hallgarten and Company Coverage Update, page-87

Lol horco, that's dead easy, just refer NTU's Definite Fantasy Study, you know the one with the hilarious $684kg Dy LOM fairy tale.

Actually I reckon Kitty is being extremely generous just taking the "Pre-production capital" capital cost of $329M/0.08 = 4,112,500,000 shares because as par for the course NTU glossies are incredibly vague around things like TOTAL CapEx, they should really look "definitive" up in the dictionary one day sometime.

Likewise "CoP' using all other oxides as "credits" against cost but never revealing the values they used, presumably in the same realm of fantasy as $684kg Dy, lol.

Interesting you raised that actually, was going to put it to Hallgarten as to how he could possibly use that nonsense as a basis for anything, but seems Christopher has other more important things to promote ATM.