re: Ann: Shaw River 30 June 2010 Full Year St... Before I go in...

re: Ann: Shaw River 30 June 2010 Full Year St... Before I go in head first boots and all could someone explain to me what is holding this company back.

As I see it we should have no problem making a 250 kt /pa operation from one prospect.

Mining equipment biggest cost plus say 2 mill for beneficiation equipment.Dilution is minimal.
Transport @16 rigs would be a major capex expense but initially and maybe permanently could be contracted out.
($2000 for a 50 ton train would be good money for a contractor but @$40 ton very liveable for us) .

I calculate we would make the current market cap every year on a 250kt operation with a Mn price of $250 for 40% Mn FOB.
So if someone could tell me what I am missing I would be grateful
PS can understand many investors wont come on board until there is a JORC resource