copper stock, page-86

Jantimot,

I have no answers for you about the prices for Cobalt and Magnetite prices, it wasnot something I considered in the questioning while at Cloncurry.

Suffice to say though, that the company will be getting credits for both from OW, I just have no idea about price.

The copper is particularly important asthey will be "high grading" the processing plant over the first few years. I could not get a definitive answer on what "high grading" actually meant percentage wise. It would seem to mean as higha grade that makes economic sense with regard to percentage of copper captured to waste ratio, something that they will work on during commissioning of the plant. 2.5-3% seemed to be in the ballpark, but as I stated earlier, nothing definitive.