strength, page-67

Yes they are comparable, but note IDO plans 2mtpa (2012) compared to AXZ 750ktpa (end of 2012).

IDO will scale up to 4mtpa by 2015.

IDO 14.2% FE vs AXZ 10.9% FE

Market cap IDO $147mil vs $88mil.

My preference is for IDO, Indonesia closer to China, IDO have better market coverage by being listed in Germany, Rockcheck on board is a huge plus. IDO cash position better than AXZ, AXZ will need to look for cash soon imo.

IDO "little or no overburden and no internal waste".

IDO low cost at US$20/t not sure what AXZ will be.

AXZ still has a few unknowns, but the share price appreciation has be good since early June.

Had I bought AXZ early June then I would be a seller now.