shipping rate increases, page-12

CST, this is public knowledge... Its all over every presentation. All of us were aware of this... Read the announcements of the last few months.

We are not producing 8mtpa of magnetite yet, will take 6 months for this.

We should be producing 2-3mtpa of DSO (including mining).

The cap raising was because the working cap facility is dry and they expect they may need more $$ for working cap.