valuation 40$+ (based on my calcs), page-13

robs12, i agree and posted similar couple of days ago based on my RIV experience.

RIV had a monster hard cocking coal deposit in Mozambique that they eventually sold off to RIO (earlier this year)rather than develop on their own, and I saw SP go from 70c to T/O price of $16.

TRH are very similar looking to me albeit with a monster potash deposit rather than coal, and in the less sovereign risky USA.

May actually be worth $40 per share in time, but would never be able to see those prices because of predatory intervention by larger fish taking the project from us, hopefully for a generous price still ... say $16 per share :-)