Ann: Centrex Granted Tenement in NSW , page-4

Hi guys,

Re the NSW tenement - There is a good quote though that says:

"You can only feed the ducks while they are quacking"

I think this is a relatively unique time where the Chinese and Indians recognise that they got shafted by BHP/ RIO last time the resources cycle peaked; collectively they have huge LT demand, and are presently securing their raw material requirements directly at source.

This will have a limited time window IMO.

CXM, by adding to their tenements have the possibility of replicating what they are doing with their current operations. Find some IO, get cash from their Chinese partners and develop it.

Strategically it is a good move. Tactically, however, they need to keep their eye on the ball with Eyre (and I don't doubt that they'll do this).

On another little point - HC is a great way to find 'new' opportunities. And I thank Yaqona for this lead. It is interesting to see how few people read the CXM threads on HC. There also appears to be no brokers covering CXM either.

As a straw poll, this would indicate that CXM is as yet 'undiscovered' and provides great buying opportunity short term.

If all that is planned does come off, it is only a matter of time before CXM is 'discovered' and re-rated.

Cheers
John