Ann: Mitsubishi Funding & MoU Update , page-3

With all due respect Todays, Treefeed has got a point (much as I dislike to admit it). $1 million is hardly going to create cash-flow for us. Clearly, they need the other $14 mill from Mitsubishi to get into production. So where is it???


On another note, I still disagree with TF's prognosis on environmental clearance. At this stage we are only aiming to produce from the stockpiles first up, and thats all cleared. I'm sure many of the hoops they jumped through first time round won't need to be jumped through for the hard rock, therefore making that process much quicker and easier than it would otherwise be. I simply don't buy into any speculation of environmental difficulties that maybe being peddled , and any suggestion of such theories such be treated lightly IMO