Found this on 9 March announcement:Capital Payback within one...

Found this on 9 March announcement:
Capital Payback within one year from Kalimantan. Does this mean this zircon project is a lucrative positive cashflow......

OLY could be a multi-baggers..


Kalimantan
Trading of zircon concentrate through Olympia’s joint venture company Sinol has continued,
with increasing sales into the Chinese market. During February 700 tonnes of zircon
concentrate was shipped to China and the last 300 tonnes of the 1,000 tonne contract will be
shipped in March.
The development of the Kalimantan processing plant is progressing well and is expected that
the plant will completed on time in July and within the $3.1 million budget. The processing plant will be built on land owned by PT Olympia Resources Indonesia at Bati Bati
approximately 30 km from the port at Banjarmasin in Southern Kalimantan. Several long lead
items have been ordered for the processing plant including the electrostatic separators and
wet separation tables as well as slurry pumps.
The Kalimantan zircon processing project is expected to be highly lucrative for Olympia with
first shipment of product expected to occur in the second half of calendar 2007 and a capital
payback period of less than one year.