ain't seen nothing yet, page-3

Attention Sinosteel and Chinalco Senior Executives.

I read with interest your recent renewal of agreements with Rio Tinto in respect to working relationships for access to their Pilbra Iron Ore. Your investment and foresight in this company dating back to 1987 (in the case of Sinosteel) are notable and continue to provide positive growth to both your companies and sharholders.

However, may I point out a relatively small Iron Ore company that has access currently to 700mt+ of quality ore in which some strategic involvment could also result in positive outcomes for all our companies but I wanted to let you know about it before RIO got the jump on you both.

It may be a good idea for one or both of you preferrably to take a major strategic investment in this little iron ore company called Flinders Mines. I'm sure through any major investment shareholders would be more then happy to invite a representative to be on the board of the company.

Whilst I'm sure there may be some initial issues in regards to representation on the boards of both FMS and RIO I doubt it would seriously comprimise your relationship with RIO should you decide to use your power to push for access to the Tom Price rail line for FMS going forward. With all the significant investment you have both provided to RIO over these many years it should not prevent you from picking up a dirt cheap asset for which you will have major control and therefore access to what could possibly be 1 billion tonnes of ore.

Thats right you will have 1 billion tonnes of ore that you own with shipping/infrastructure available through a company you have decision making abilities with because of current board positions? Wow, that could be a really good deal for you guys.

Anyway, I'm a sharing/caring type of person so I thought I'd let you know about this terrific opportunity for your companies to use its current position in RIO to benefit from a possible position in FMS with huge return potential.

Unfortunately I'll be on leave for a while now but please feel free to contact Gary Sutherland at FMS to discuss further. Cheers and Merry Xmas Quigs.