Yes the amount of ore continues to improve and should change the NPV #. However in most deals the purchaser is confident that they will find more ore- BUT it would take a big jump in quantities to dramatically up the price.

That said at this point we dont know what the new NPV's  #'s are going to be? I also think that the iron issue could be the diamond in the broken glass!

Yes I use $8 as my guess/hope/ projection- BUT - I will gladly take $12- $16 or $20!

This company has a great future!

2013 should be the year that makes the difference!

 

Rock

 

Rock