RE:NewsSo..... From last webinar, the Cehegin deposit historically had a premium quality iron-ore that Mr. Pendura stated would command approx 15 dollars premium over the spot price. Presently the spot price is 167 U.S.per tonne. If they drill up the 43-101 over the next 4 months and believe that there could be 101 million tonnes at an average grade of 60 per cent iron ore, this becomes a huge number that my calculator does not go up to. Giving the company a valuation of 5 per cent of mineable reserves in the ground MIneworx in all likelihood would have a market cap much higher than the present 25 million market cap. Someone with a good calculator can post the accurate numbers, but on first glance, I think it could be at least 1 dollar per share. Remember - Offtake agreement with Glencore is in place for the Cehegin project. All transportation infrastructure is in place. Rail, road, deepsea port. Almost makes a shareholder forget about the Catalytic Converter recycling pilot plant , and 20 per cent ownership of the Surrrey ewaste plant. glta