Ann: Koolan Island High Grade Iron Ore Shipments to Accelerate, page-28

Hi Samsonrises,

Thank you for posting that chart, which states we are capable of 6 ships per month . . . and that was not with the helping hand of an auxilliary crusher or the helping hand of a mega starting stock pile of ore to crush.

One would think if they could project 5.5 million tonnes p.a. without the forementioned aids, then surely now thay can manage 1 million tonnes per quarter.

We did 9 ships in Q1 while limping along with the mobile crusher.

All we need now is for an addittional 4 ships this quarter to maintain forecast of 1 million tonnes . . . which equates to about $140 million usd ($210 million aud) gross sales revenue, and that is just for the current quarter.

It will also be interesting to see how Peter Kerr is going following the pre-mentiined two lines of strike of high grade ore in the quarterly, that is due out in the next couple of weeks.

Upon seeing the step up in the frequency of ships, I have accumulated every day this past week.