payments to third parties, page-9

Claudio - Clearly you are not desperate enough to read the half yearly report which will answer most of what you are asking.

Read my post from yesterday and follow the breadcrumbs.

Your concerns are well founded - the previous owners will benefit from a resource upgrade before the current shareholders will.

We will pay them $90 now for something that we expect to sell later for around $7,000.

You are asking the company what it expects to pay in the coming years, they are never going to answer that, it is akin to saying how much do you think you will upgrade your resource by in the next couple of years - it's massively price sensitive information.

There are a number of question marks/risks over this company (sovereign risks etc.) but this just isn't one of them.