Ann: Update on Urquhart Bauxite Mining Lease, page-23

Spoke to simon this morning.

It was plesent.

Yes he reads hotcopper and knows fairly well who we are has he read my posts....u bet cha

He is as frustrated with progress from the qld gov as we are as holders. Its a shame because i was really hoping for 1st export this year like everyone who has invested. Am i personally in the red.....YES have i sold.....no will i be buying again on market yes......when well that depends on the qld election results.

Its rightly so that the market has spanked MLM down a noch.....but its not all bad news.

If labour is reelected the ML will be in a regulated time frame......so within weeks of reelection so we all know whot the Mkt cap will be for MLM with a ML so its not all bad news.

Things will be slow for the next 5 weeks so maybee a update later on from lcr contracting group and the barge operator to show that they are still onboard with the business plan?? Just a thought.

Anyways ill just have to wait a lil longer for that lamborghini deablo ive been eyeing up.