massive market rerating, page-9

From their half-year results dated 5-march-2008:

Advancement of the West Pilbara Iron Ore Project Pre-Feasibility Study for the development of a haematite iron ore operation exporting 30Mtpa to steel mills throughout Asia. The pre-feasibility study scope includes the valuation of port options, refinement of rail routes, preliminary environmental surveys, development of mine plans, equipment selection, product specification and project costing, to be completed by the end of the first quarter 2008.

Is an announcement in the air?