price is stagnating, page-7

Well one thing investors should consider is that our MD Matt Gauci has an extensive and successful history dealing with the Chinese both through MCT and other endevours. We have a Chinese cornerstone investor onboard already with Shanghai Metal Resources who put in $3 m into the Li play - members of the China Battery Association. (MCT from memory was the only Au invited player to their conference).

Remembering too that our Chair Andrew Daley is ex Rio, Anglo American and Conoco and ex Director of the mining team at Barclays.

China non ferrous is also listed and has entered the Shenzhen 100 Stock Index and Shanghai-Shenzhen 300 Composite Index. CNFC is an organisation with a strong track record in supporting the development of large, long life zinc projects, including Mehdiabad, Citronen, Talla Hamza and other projects in Northern China including the “City of Zinc”.

So when it comes to MOUs.......as the old Castrol GTX ad used to say......oils ain't oils.....