Ann: First International JV Awarded Omani Copper Mining Licence, page-37

Oman may seem like small fry now, but bear in mind that they have now implemented "Vision 2020" which requires a huge upscale of mining operations over the next 2 years, and PAM have officially stated that Alara are a "strategic partner". The next 2 years should see some surprise upside for us. Whether it is in the copper sphere or elsewhere remains to be seen. There's certainly more than enough copper out there for the Hub and Spoke model to deliver much higher volumes, but some of our JV partners are also already engaged in mining of other commodities which occur in vast quantities in Oman.

Best to stay open minded on this one.