Hi again Bernard - sorry to be a pest and all that, and I know slide 9 has been on the company's website for ages, but every picture tells a story don't it - and I only just realised something, so I had to ask. 

And, once again. Sorry to be a pest.

Slide 9 says it costs a min of $200 M for a conventional 30,000 MTY plant, whereas the QRR will cost 85% to 90% less.

Here are my 2 questions;

-- 85% less than $200 million is $170 million. So are you saying that the QRR Capex is between $20 million to $30 million only? (vs. $200 million).

The other thing a little unclear is the size of the QRR plant. The conventional plant is said to be 30,000 MTY, but there is no mention of the output of the QRR plant, other than to say it is scalable in 2500 MTY increments.

-- So what is the output of the QRR plant that will cost just $30 million to set up? is it 30,000 MTY?

I realise that it's more than possible that your answer to both the questions is a simple "yes", but I had to ask. I looked and looked but I just couldn't find Waldo in Slide 9.

And if the answer to both is really a "yes", then this company is a no-brainer because you can set up a 2500 MTY plant for just around $2.2 million! Heck my friend and I can re-mortgage our houses and raise that much (figuratively speaking, we'd need to find another homeowner for the Opex).

And, for all the doubting Thomases and bashers on the other Boards, if that's the case there is absolutely no way this stock will not be at least $10/share by this time next year. 

(IMHO)

Brgds,

A-G.