Ann: Change to Financial Year End, page-7

certainly was bosto. I’ve taken a substantial position over a few days. IMO this is extremely undervalued project. It still has a long way to go, clearing the stockpiles and developing the resource further but is bargain basement buying under 4 cents. A share price of 10 cents still wouldn’t see the MC above other iron ore producers with a similar profile. With Brazilian diesel prices 20% lower than AU and wages a quarter of our wages TI1 should remain very profitable given the mandates by governments to reduce emissions by using higher grade ores.
GLTAH
Cheers Rb