rim capital not happy, page-10

First off, I do hold THX. Can someone please explain the following(sorry if I have missed it.
UMC has their 25% share with Norsk Hydro in the Kimberley alumina. Is this worthless now due to the GFC ? What value is placed on this ?
Reading the June UMC presentation I see they have 11 or 12 other iron ore prospects in the district around Railway. Presumably these are worthless and all fall into the BHP bag at zero cost. Anybody know is any of these carry hopes of yielding reserves ?
IMHO this is the most gutless cave in by a board I can recall.
I hope CRM fight back.