Ann: Federation Project Update, page-8

You sound like a disgruntled ex shareholder.

RMS do a great job with the trucking route for processing at their mills. Absolutely no reason AMI cannot do the same and their resource is far more rich so would not cost as much as what RMS do it for on a throughput basis. Just to note, RMS are making solid profits with this mining model and are looking at opening another 2 mines with one central milling site if this merger/takeover goes ahead. Certainly is feasible and not uncommon.

It would be nice if they could show a breakdown on projected trucking costs. Mr market would appreciate that transparency.