any outcome from the cdu meeting ??, page-12

Hi Scanspeak regarding your comment "Revenue of $4.5B over 10 years ($450M per annum) works out to around 2.0% CuEq by my calculations." That means that WM is treading carefully with his comments, which conversely means that if the grade is above 2% Cu equivalent then the dollars will be effected also, provided your comment is correct. This is worthy of comment and I would like to see others give an opinion.

The other comment I make is based on surfydads comment "62% shares now owned by instos (many hiding behind nominees) and growing" which is also the reason the stock has been in play for the last so many years. The price has been manipulated down so as to allow the instros to buy in. The sixty four dollar question is when will the share price be allowed to reach a level that is not manipulated

A further comment on "Exploration scaled back to 3 rigs ($50K/week)" Now this is the reason we have not been getting so much information recently. A couple of problems surrounding this worthy of comment. If the instros can maintain a low share price irrespective of news forthcoming then why continue with concentrated exploration. Not good for shareholders? Now if the instros control 60% then it's only a matter of time before they start talking to each other, in other words a takeover is possibly already organised.