Ann: Shareholder Update 16 October 2009 , page-30

Seik...

Ditto. That's roughly my take on things. Whilst we'd all like things to be running like clockwork, I'm happy for a slight delay if it's due to sorting out the technology for briquetting if that's what the market requires.

I'm sure MT et al are aware of holders' desire to be informed about contracts. I can only assume that there are good reasons for not including details in this update. It was clearly premature to nail it down to "in the next month" in the July update.

If its any consolation, the MACD crossover last week would suggest market sentiment is more positive from the update