RE:RE:RE:RE:RE:The deal from Investco’s perspectiveTheorically the SP should be much higer than 28 cents once the technical feasibility is demonstrated. i.e. Erin receives all the necessary licenses, permits, and approvals required for the development and exploitation of the Piskanja Borate Project, September 19, 2014 - Erins PEA is based on a NI 43-101 Mineral Resource Estimate dated October 2013 Reclassification of exploration assets in 2015 (+US$428 M) Piskanja: Erin's PEA estimates Piskanja at US$428 million (NPV) with Pre-feasibility. Erin will determine/reclassify exploration assets once technical feasibility and commercial viability of property is demonstrated (it is reclassified from exploration and evaluation assets to property and equipment). Pobrdje: Erin's presentation has the Pobrdje deposit having 250,000 tons of boron. Assuming a constant price of US$400/t for colemanite (below current market price of US$500/t) = US$100 million (present value). 200 tonne sample taken from Pobrdje boron mine meets prospective partners expectation and requirements.