kurrajura concept mine plan, page-8

Red, I've no idea what BHP's stance is (or was) as they've never really been mentioned in dispatches - you may have more insight than others in that regard.

Would we need a DFS before discussing a gate sales deal? I'm not sure of the answer to that question, just throwing it out there.

Kurrajura was only discovered / drilled for the first time last year so it does seem to have been moved along much faster than the other satellite projects for some reason.

NB: Kurrajura is just 15Km from Phil's Creek. Not sure if that has any relevance but IOH has completed a DFS for Phils Creek (late 2010) so if there was a gate sales deal to be done and ore was to be dropped on the BHPB rail line at Kurrajura, this could involve the trucking of ore from Phils Creek initially. Why did IOH complete a DFS at Phils Creek late last year, long after RIO had walked from their negotiations on the deposit?

Please note this is speculation on my part again throwing out scenarios for discussion.

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