Ann: Quarterly Activities & Cashflow Reports, page-18

Who cares what they paid mate, they have acquired it and the powers to be still hold 30% so i guess they trust the fact HVY have the credentials and people to see the project into production

meanwhile we will see Port Gregory become a very serious investment proposition for funds and instos on the back of solid results over the next few month rolling into Jorc and expansion

i spoke to Nic yesterday regarding the rail and he is looking into it and how it will help RIO develope its massive deposit next to HVYs which both have world class Iliminite %s compared to most others ..

As expected, Nic is very much interested in the $7bill Port development in Moz and sees it as absolute perfect timing in regards to becoming significant once he has kicked the massive goals Port Gregory has on offer for shareholders its just perfect timing aye