Sunergy, Inc. (fka SNEY)

[coloradoKid]

Hey folks,
Been doing some modeling in exel with regards to the potential value per ton of black sands. Can you all review and let me know if I have some mistakes?

ELEMENT gm/T Value ($/gm) Value ($/T)

Palladium 80 $20.48 $1,638.40
Platinum 15 $45.40 $681.00
Gold 170 $52.00 $8,840.00
Silver 300 $0.94 $281.40

REE valuation ($/T) $10,000 (extreme rough estimate to account for increase element valuation since early PR)

Total Black Sand Value ($/T) = $21,440.80

Based on the overlapping of PRs, I assume this does not include the value of the visible gold estimated at 3gm/T of raw feed. The unknowns still are the Tons of Black Sand versus Tons of Feed (average) and the amount of raw feed per hour as well as the number of dredges in operation. If we fill in the blanks, we can estimate the value of the SL production and we will have one third of the story (I think Ghana will be twice as big as SL eventually)

Thanks for the help.