Ann: Yarraloola Iron Ore Project Drilling Program Complete, page-4

This will be a monster year (if market doesn't nosedive & iron prices).

Hoping for good upgrade with recent drilling being completed.

Don't know exactly the increase in resource with recent drilling, I'm sure it's going to be blast off.

Company expects billions tonnes of iron ore (see previous post with screen print from companies presentation)

If the ducks line up this could be out come.

1) company goes alone with iron mining and revenue.

2) out & out take over. They have 3 mega majors as neighbours RIO, FMG & Citic's Sino iron project.

3) lastly, perhaps a sale agreement at gate price ( which means they sell directly to one of the above).

I've got an approx long term price, which is miles ahead of current price.

This is Mark Creasy chance for glory along side Andrew "Twiggy" Forrest. I don't expect he'll let anything get in his way..

Please do your own research.

Best wishes





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