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Message: AGORACOM Small Cap TV - December 23rd - Highlights

Good morning to you all. Please find enclosed a summary of the breaking small-cap and micro-cap financial news we highlighted on AGORACOM Small Cap TV this morning. It’s December 23rd, 2011, and we’ve found 3 great press releases to report on at the open. Another great day for small-cap and micro-cap financial news. To watch the show live every morning at 9:30 AM, visit our front page.

Rodinia Lithium Files Favourable Preliminary Economic Assessment Technical Report

Rodinia Lithium Inc. (TSX VENTURE:RM)(OTCQX:RDNAF)

is pleased to announce that the Company has filed a National Instrument 43-101-compliant Technical Report dated December 22, 2011, effective as of November 8, 2011 entitled "NI 43-101 Technical Report Preliminary Economic Assessment Salar de Diablillos Project Salta, Argentina",

PEA Highlights (all currency is US$, pre-tax)

The PEA outlines an operation producing 15,000 tonnes lithium carbonate ("LC") per year and approximately 51,000 tonnes of KCl ("potash") per year, projecting a 34% internal rate of return ("IRR") pre-tax and a $561 million pre-tax net present value ("NPV") at an 8% discount rate. The PEA also outline's Rodinia's available option to increase production to 25,000 tonnes LC and 85,000 tonnes potash per year. This increased production scenario generates a much higher pre-tax NPV estimate of $964 million, along with a pre-tax IRR of 36%. A summary of the key economic findings, as reported in the November 7, 2011 press release, includes:

Production Case:

15,000 tpa LC

25,000 tpa LC

NPV at 8% discount rate

$

561 million

$

964 million

IRR

34

%

36

%

Total Initial Capital Costs

$

144 million

$

220 million

Operating Costs per tonne LC*

$

1,519

$

1,486

Operating Costs per tonne LC with potash and boric acid credits

$

(703

)

$

(762

)

Operating Costs per tonne KCl*

$

170

$

160

Average annual free cash flow*

$

89 million

$

150 million

Mine life

20+

20+

Annual production rate of potash*

51,000

85,000

Annual production rate of boric acid*

18,000

31,000

Projected commencement of production

2015

2015

Years to payback

1.6 years

1.5 years

About Rodinia Lithium Inc.: Rodinia Lithium Inc. is a Canadian mineral exploration and development company with a primary focus on Lithium exploration and development in North and South America. The Company is also actively exploring the commercialization of a significant Potash co-product that is expected to be recoverable through the lithium harvesting process.

Last: 0.18Range: 0.74-0.14Market Cap: 16.8 million

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Afferro Mining Inc. - Filing of new 43-101 Technical Report on Nkout Project

TSXV: AFF
AIM: AFF

announces the filing of a technical report pursuant to National Instrument 43-101, relating to the Company's Nkout project. This follows the news release dated 14 November 2011 announcing the updated resource statement.

With this news release, the Company is reporting the filing as required under the National Instrument 43-101. A copy of the document may be obtained via www.sedar.com and on the Company's corporate website www.afferro-mining.com. The previously announced highlights of the Nkout project are as follows:

  • Total Nkout resource increased by 41% to 2.0Bt at 32.2% Fe
  • 70% tonnage increase in high-grade, potential direct shipping ore ("DSO") to 18.5Mt
  • Corresponding increase in DSO grade from 58.7% Fe total to 60.3% Fe total with an associated drop in SiO2, Al2O3
  • 944Mt of magnetite banded iron formation ("BIF") promoted to Indicated category at Nkout Centre, representing 47% of the MRE
  • MRE now covers an 8.9km section of a 20km-long magnetic anomaly
  • Drilling campaign continues to focus on further definition of high-grade zones and adding additional tonnage at depth

About Afferro Mining Inc.
Afferro is an established exploration and development company listed on the TSX-V (AFF) and AIM (AFF). Afferro's portfolio includes the Nkout iron ore project (the "Nkout Project"), and surrounding iron targets in Cameroon and which is subject to a resource expansion drilling programme. Afferro also has a 38.5% interest in the Putu iron ore project in Liberia (the "Putu Project"), which is subject to a resource expansion drilling programme and is moving through pre-feasibility managed by joint venture partner Severstal Resources (the mining division of London and Moscow listed OAO Severstal). In September 2010, the Putu Project was granted a 25 year renewable Mineral Development Agreement by the Government of Liberia.

Last: 0.80Range: 2.47-0.61Market Cap: 83 million

ORBIT/FR Reports Significant Recent Orders

ORBIT/FR, Inc. (OTC Bulletin Board: ORFR), a Microwave Vision Company (MVG) and a leading producer of automated microwave test and measurement systems for the aerospace, defense, communications, automotive and satellite industries announces significant recent orders totaling more than $10M.

The second half of 2011 showed a particularly strong demand for Orbit/FR's large near-field scanner systems in the European and Asian markets. With respect to 2010, the total awards for this product line more than doubled to $10.5M in 2011.

Two of these awards were In the European space industry, including a 9m (30ft) tall by 13m (43ft) wide vertical high speed scanner, and a second horizontal scanner with a scan area of 16m (53 ft) by 10m (33ft). A third large high speed scanner was sold to a European defense contractor. The combined value of these European awards with a smaller scanner is approximately $6.5M.

Three major awards for similar test systems, in India and South Korea, generated another $4M worth bookings.

About ORBIT/FR:

ORBIT/FR, Inc. (OTC Bulletin Board: ORFR) is a leading producer of automated microwave antenna test and measurement systems for the aerospace, defense, communications, automotive and satellite industries. ORBIT/FR specializes in the design and installation of full turn-key systems, positioning subsystems, test and measurement software, and RF instrumentation. Its wholly-owned subsidiary, Advanced ElectroMagnetics, Inc (AEMI), is a supplier of top-quality RF absorbers and anechoic test facilities.

Last Trade: 0.6752 Week: 3.50 – 0.56Market Cap: 4.02 Million

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