We are talking about 30-45 Bil Dollars worth or ore. The difficulty with this is that it is an industrial ore with specific applications and various price points for level of concentration and Cr to Fe ratio and unlike most metals, it does not have a spot price. So I do not believe you can use a standard 10% of GMV or something of the kind. The other issue is how much of this does the world consume on a yearly basis. Bushveld has reserves to supply the world for 200 years or so. However, they have many issues including political risk, electricity is expensive and supplies of it is not predictable, they cannot get new smelters online due to electricity shortages etc...What we have in our Chrome that makes this really worth while is the thickness and grade. These 2 aspect will help us produce it cheaper than Bushveld and maybe cheaper than anyone out there. Part of the reason also is we have the cheapest electricity in the world. Thunderbay can supply all the power we need and is a great point of shipping with their deep water ports. So getting a handle on how much this is worth per share is very difficult but we have millions of tons of it, it has a value, the world consumes it on a regular basis, whoever develops it will have a cash cow not for years but for decades. Some companies with other Chromium businesses might pay just so that it never sees the light of day to protect their other assets...Some of the big metal companies like GlenCore who own 35% of Xstrata and markets chromium worldwide might be interested in financing us to be able to control the chromium supply...so there is many, many ways this can play out but this much high grade, thick deposit will have an impact on the world wide Chromium market and someone will want to be in control...They will have to pay for this priviledge!!

Glorieux