110mt: thank you umc, page-19

bungy,

it seems that it would cost their share holding in a rock solid company with a proven track record over the last 18 months with an initial jorc of 111.7mt AND still over a dozen potential targets in one of the worlds iron ore rich regions surrounded by existing infrastructure at a time when the majors seem prepared to allow access AND world wide demand for iron ore is forecast to grow over the next 5 yrs AND you have a geographical advantage over ur biggest competitor who lies 15000kms to the east of you and ur biggest customer is a stones throw to the north west of you...

but hey, i could be wrong, maybe it is free!!