west aus article

Article in the business section of the west today that was very encouraging.

They were speaking to Michael Keirnan after his first meeting as chairman. Stated how he and Noble have big plans for TFE. he said current exp budget was 2.5mill and said to directors what could you do with $5-6million, stating that he wants to say exploration pushed to the max.

also said frances was just the begining that he and noble want to expand them into major mid cap iron ore producer, looking at getting into magnetite.

Sounded very good.

greg