Ann: Port Development Approval and Corridor Minin, page-2

re: Ann: Port Development Approval and Corrid... I am surprised this post has not been given more thought and discussion. First there is a repeat of the time frame that the plant is expected to produce late 2013, which was a little disappointing to some of us.
we expected it a little earlier. But then we have a repeat of what the plant will be capable of and that is producing 480 000 t of concentrate plus 220 000t of magnetite. Concentrate of 38% is 182400t of copper Plus the magnetite, and is it fair to say plus the native copper, as that is not part of the concentrate. I don't know the value of the magnetite, but by once more putting this in this announcement, what is he really saying, because if I do the sums on these figure, they are becoming mind boggeling. Perhaps we could work out what this would be worth, and then discuss if the 480000t can be a reality.