Ann: Little Eva Definitive Feasibility Study Cost, page-4

re: Ann: Little Eva Definitive Feasibility St... Nice graph burj ... also quite telling . our greenfield project at Roseby would be down at the bottom of the pit . I urge all to check out the FT Authers Note on the copper market from 12 March , The conclusion is that the Cu market will be in surplus until 2017 . The Chinese physical demand is really covered over by the Cu financing deals in China which are now all unwinding and decoupling with more downside to come .A Rosbey deal would be dependant on a China deal for the project which in view of the other projects and surplus supply especially out of Africa and Mongolia will dampen the price further. Glencore knew the game over a year ago .Thats why they shorted and played Cowden out . We have spent millions since to play around with unimpressive numbers which make it a marginal project . Best to moth ball the whole project and sell it once Finland restructures the big spenders in Perth .