Ann: Project Update, page-370

I mean we wait now for half a year or 7,8 month. Since then the (new) owner can earn about 16 Billion USD more than at the beginning of the negitiations. Only for the smaller one of the two ore-deposits.

If there will be 32 Billion Shares outstanding (not Jet, but may be in future) will only this move in the iron-ore-price bring a benefit of 0,5USD per share.

And normally, at an ore-price of 65USD wouls also a lot of Money earned for the owners (share-holdes). So there could be a lot of other possibilites to get this Project started.

But I think Giulio is not the right Person to get a good result for the (esp. the old) shareholders.