The break even point for a project like this is 6.50 lb. That is true only to the extent that sufficient Power source becomes available. Then you throw in a monkey wrench such as this from a different source;

"MITSUBISHI CORPORATION WITHDRAWS FROM PROPOSED PARTICIPATION IN THE ROOIPOORT AND MAPOCHSGRONDE PLATINUM PROJECTS IN SOUTH AFRICA

Caledonia Mining Corp.'s partner, Mitsubishi Corp., has indicated it does not wish to extend the agreement relating to a proposed participation by Mitsubishi in the Rooipoort and Mapochsgronde platinum exploration projects in South Africa. Accordingly, the agreement terminated June 30, 2009, and Mitsubishi will not provide the envisaged exploration financing for the projects. The Rooipoort and Mapochsgronde properties will continue to remain 100 per cent owned by Caledonia.

Mitsubishi concluded that the conditions precedent relating to security of tenure of the prospecting rights held by Caledonia and its subsidiaries due to the broad-based Black Economic Empowerment requirements imposed by the South Africa Department of Minerals (DM) do not meet their requirements. The DM's requirement that empowerment must be introduced at the exploration stage is not currently required under South Africa law and, accordingly, was not envisaged at this stage in the agreement. Caledonia will explore and evaluate other strategic options in respect of the projects.

Caledonia expects to release its results for the half year to June 30, 2009, on or about Aug. 14. A management conference call will be arranged shortly thereafter for a time and date to be advised."

Right now I would not really care to be invested in a company planning to develop a mineral resource any where near where these guys are talking about. Give me good old CANADA any day.

Regards

K