has management gone off an acquisition, page-4

All the reading and the presentations this week indicate that aquisitions are currently off the agenda and the company is concentrating on devloping it's brownfield and greenfield resources.

I agree with Galv and Bulljack. Picking up an asset from Rio or after the BHP/RIO merger will potentially be cheaper and better quality than anything currently on the market. (WSA is excellent quality but not cheap, EQN has too much soverign risk and is relatively low grade (poor quality)).

HT1