Moora, page-12

Hmmm.. you should check your facts JoshC. AQD has 100% of Moora. But will likely go to 20% if S32 wants to become involved and pay for further on ground survey work and drilling eventually. The project further north and next to be drilled, alos with the possibility of a CHN signature (PGE-nickel) is now 20%.

(if you allow me to dream a little Josh,I know you won't being a downie for "some" reason,l et us know what that reason is?. What would 20% of CHN be worth? I think they are now about a $3B company..... About $600M MC,if they survive that long wthout S32 taking over. Current MC around $12M)

Back too reality, has mulitple large prospective projects, I do like the Australian much more than the ones in Peru. More comfortbale investing in areas of the world I know,especially in todays climate. But can't ignore South32 keeness on these areas for large regional targets for copper.