latest brr interview, page-13

Hi(MikeMennell)

Wayne is working on getting BRM the best deal possible as soon as possible.

Delegation here from China or have been here in the last week.He said he would not sign off with them at this time.
He is going to China in November.
Wayne said a deal would be struck by the end of December for rail.

They are doing no more new drilling on Marillana as they have enough ore.They will only drill to get to indicated and measured resourcees on Marillana.

They would be drilling at other tenements which would give an indication of ore and quality for negotiations on rail deals. Also would help when they go to China to show what else they can supply in the future.
This would most likely help in doing the best deal on Marillana.

They are taking or sending large samples of ore to China.

The Media -Brokers Etc: will say what they think will happen.

Look at what the large Iron Ore producers - Steel Mills Infrastructure Companies are planning. BHP -RIO - Vale -ArcelorMittal - Posco -Citic - China National Machinery & Equipment Import & Export - China Harbour Engineering. They are all clawing at each other to get involved in Iron Ore Projects through out the World.And pumping in many Billions of dollars.They are not that keen to pump Billions in for it to go bad in two years or so time.

Regards
Westcott.