any questions w/e of june 16/17, page-20

A few more questions for Showman

1. Are there any other Australian IO miners who are producing low grade IO that has to be concentrated either in Australia or in China ? If so roughly what % of total Aus IO exports is this. I want to get an understanding if exporting low grade IO is unusual or if it is a well established component of the Aus IO industry.

2. Whereabouts on the IO cost curve will the Irvine production fit. The feasibility study said the Irvine ore will have a production cost excluding royalties of $63/t. Which cost quartile is this in ? My guess is its higher than the average cost. Pleased to get the correct info from you.

3. Is there any publically available info on the IO cost curve I can look up ?