asx ann yesterday comments please, page-5

re: asx ann summary for the AIM listing within the 122 pages, the independant summary had RISKED valuation of the company @ average US$143, 145M shares, leave you to do the maths to work out $AU valuation/share. :)

note valuation was VERY conservative.

only disappointment i had is they stated we are not making any profits on the chrome washing component at samancor from what i can read, thought we might have seen a small profit

probably have to reread again ,to many late nights watching "le tour"

note that north everest has a potential time frame of mid 2008 startup so not that far a lead time and will still be in resources boom in that timeframe.

12-18months will give very nice return for the patient.