Ann: 2012 Annual Report to shareholders , page-3

pretty much same as we know. I felt while reading that it showed a bit more confidence in the projects.

Not sure what happened to finance. Last time I spoke with Rimas, (about 6 weeks ago), I got the impression that finance was so close you could smell it. However...nothing.

I wonder if that points to glencore working due diligence aspects and number crunching prior to making making finance commitment. Pure speculation on my part, but somehow I imagine glencore are involved for offtake hence may be involved in finance.

I hold and keep accumulating as I still think this is an excellent project. Also accumulating KBL at present before cobar basin heats up.


amok