Ann: Approval of Major Port Infrastructure Facili, page-9

re: Ann: Approval of Major Port Infrastructur... Litch,

You'd think we could get an update on realised expenses and unrealised expenses for the project to date wouldn't you. Not to mention since the feasibility was conducted 12 months ago iron ore prices have moved, port option has changed and possibly employee costs have increased - are they unable to provide the market with an up-to-date estimate of what margins we can expect to achieve?

It's not like they've decided to change from one trucking company to another one saving us $0.01 per tonne mined, they have made a vastly different decision on the exporting option yet no update.

The issue is, i don't see us getting one either so I just want them to start shipping the stuff. Unfortunately it's already at the point where Ian has zero credibility in terms of timeframes and estimates - and the new management will be put into this bracket quickly too unless they start informing shareholders.