iron ore update, page-11

1, How can the dollar value of the resource estimate remain confidential, if this discovered resource can in any way affect the share value of either party, Vale or AVB is it not obliged to do so. 2,If its a small resource then vale would not be signing up for another year, so i think that is what the market will read into this announcement. 3,AVB will be snapped up very cheaply if ever Vale decides the little guys next door have a resource worth taking,and with confidentiality clauses in place how can we as share holders know what is true value.