rio - bhp jv on iron ore, page-12

Hi (Kruiser)

As I said a few days ago,UMC with the iron ore proved and known to be in place,should not have a problem raising cash to push ahead with drilling and other things till the end of 2009 and beyond.

This would be the ideal time to raise cash with the interest in BHP and RIO surrounding UMC with all the talk that will be coming out about their projects especially around this area of Yandi-Area C plus the debate that is likely to hit the headlines about the National Park.

The UMC people should be pushing the fact they are in the middle of BHP and RIO ground with a lot of high grade iron ore,get it in the National press and over seas press.

Regards
Westcott.