Ann: PanAust to acquire majority interest in Frie, page-12

re: Ann: PanAust to acquire majority interest... PNA does have an experienced m'ment re "getting on with the locals" which is really THE key to making things stable on the ground - obviously, certain well known Aussie miners have not laid out a good history in PNG on a number of fronts.

Time will tell, but at this stage I'm OK with us running with this - firm parameters needed from the Board! Will be an interesting topic at next yr's AGM.