shareholders update, page-8

Hi GC,

I don't think the use of iron ore fines is anything to get excited about.

The fines would be simply something of the right specific gravity to test what is going to have to move through the future system.

I do of course defer to our resident industrial chemist....Tewks....in this matter.

I thought the best part of the announcement was the news of a bankable feasibility study commencing in last 3 months of the year.

And the second best part was capture of CO2 gas......but I've no idea of its commercial saleability !