quarterly results, page-12

Nice to have you back Deep. Dont worry you will get it soon. either way it will be with the axe. Blade or no blade.

Duncan Pursell gave six months exclusivity to a Chinese group to just come over & look. They then just walked away & we were left with nothing. This was at a time when nickel was $50,000/tonne. Andrew Forrest wouldnt have done this in a million years. People dont just forget this. Now Duncan Pursell spends his time picking names out of the Chinese "Yellow Pages" talking to companies that have neither the money nor mining "savvy" to make Young a reality.

"Facts is Facts". Duncan Pursell is not a deal maker. He may be a hell of a mining engineer but as far as 'deal making' is concerned, he is useless.

Thinking about Oxiana's move to get into laterites I've unfortunately realised that its not Jervois.

Reason: The 'technology developer' has a patented process. Duncan was asked at the last AGM whether our leach process could be patented. His answer: "no"