inground ore sales, page-10

Hussy, hi.

I don't think it is quite as black and white as your post suggests as to whether we have a mine-to-port solution. We may not have one announced, but there are many variables as to whether we can procure one, not least the price of iron ore, and those variables are changing all the time. Ocka has simply suggested there may be other ways to finance our getting into production other than having a CR. I do think your post could have been more civil. Accepted that FMG doing an in-ground ore deal may have been more attractive if it already had its own mine-to-port solution at the time of the deal. I don't see why an in-ground ore deal isn't possible if we are 60% on the way to getting a mine-to-port solution. We will have to wait for the next announcement to see how far they have got. Regards.