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Zunobira

12/15/07 12:58 PM

#245 RE: MUSHROOMKING #243

AULO profitable at Copper = $1.20/lb

The beauty of AULO is low cost near surface bulk tonnage deposite. Total cash cost per lb would be $0.50 to $0.60/lb. Copper price could decline first half of 2008 but will recover and hit historic high by end of 2008. Copper could see $4.25/lb by end of 2008.

Global economic development will continue for decades because of India, China, Russia, Brazil and many other african countries. During this decade long journey, there will be seasonal pause which is normal. during that time comodity price to decline little which is actually a good accumulating time for smart investors.

I am definite, we will see a different AULO in 2008.
Financing, Joint Venture, Feasibility study completion, production plan ...many activities are on the way