mitis, no problem. It is good to see you have the same...

mitis, no problem. It is good to see you have the same idea.

Having time to read the announcement, it sounds TRH is aiming something very very big. Colombia is overlooked by many players partly due to the constraint of Panama Canal. The widening of the Panama Canal to be completed in 2015 will be the game changer. If it goes as planned, TRH would be in the right place at right time.

The further payment of US$10m per 100 million tonnes placed into JORC compliant Proven Reserves - it is US$0.10 (or 10 cents) per Proven tonne. Not $10/tonne as someone suggested in the other post (Post #: 6115699). Only 10 cents per Proven tonne, which is very low.