Ann: Rocklands Project Update , page-33

Hi WoodyASX,

The Chinese are well reknown to pay a premium on any shares that they buy from a company. Although there are many times that they do renege on a deal, they are more concerned about having security of a supply and therefore they are willing to pay more than what the market demand at the time.

Guarantee of supply is more of a concern to them. And there is no better ways of doing that but to pay extra and get into bed with the vendor/supplier party where they will be in a position of strenght.

One thing that none of us is privvy to though, and which IMHO is very important for us to know, is as to how much they (The Chinese), have secured the initial percentage of copper by way of an offtake agreement with CDU. Once we know that, only then, will anyone of us be able to surmise as to whether or not the deal was good, mediocre, or bad.
Most companies out there always make a point to announce that part to its investors and, IMO, that part is very interesting and important to us before we can pass a properly informed decision.

The reason that I am saying this much, is that, while in the face of it all it may look good for some, it could turn out to be very bad for the same people if they were to be able to have a proper and thorough look into that situation.

Until then, all of us are just shooting from the heaps.

The Chinese aren't that extravagant with what they spend believe you me. Especially when they are trying to make a deal with someone else.

Cheers, buddy