Ann: EXPLOITATION PERMIT APPLICATION UPDATE, page-19

$1.50 minimum, I guess you have to have a sense of humour in these troubling times, I think to tread very carefully now would be the smart thing, I cannot see a T/O price above the last one of 107 million, this was a tester IMO and RuiFui just put the feelers out, they had no intention of securing it, however at the time it told the Chinese buyers it was for sale and cheap, whether it would have passed the vote or not will never be known as they failed to stump up the deposit, what it did do though was let the greater community know it was up for grabs, IMO the Chinese will offer below that figure now and negotiate up a little to let management have a win, dont get caught up in the ramping whether it is up or down as both sides will have legitimate points to field, not having any gold remuneration to fall back on now means fingers need to be removed and its giddy up go time