re:trading halt on thursday or friday, page-20

BDiddy18,

As per the announcement on 2409 from JRV re FIRB approval, there was a one-liner stating that approval from China is awaited.

I have been waiting for that piece of announcement to come through all these weeks...

I think that it may not be a part of the announcement that has to be forwarded to the market and maybe JRV could be sitting on it and may announce it with the rest of the announcement...I cannot explain the logic behind it...Or maybe I am wrong here and it is still awaited as we all wait...in that case the deal cannot go through tomorrow and there has to be an extension for that...someone more knowledgeable please put in your thoughts here...

But looking at the approvals out of China, this is a no-brainer...the Chinese govt is supportive of the investments by its people outside of China and logically this should be a taken for granted thing...

The announcement re FIRB approval.....

FIRB Approval - Young Nickel Laterite Resource, NSW.
Jervois Mining Limited is pleased to announce that it has received advice from China Railways Resource
Development Branch that the Foreign Investment Review Board (FIRB) has approved the proposed joint
operation for the Young nickel resource. The proposal was outlined in a ‘Frame Agreement’ signed on the 30th
May 2008. This Agreement required all parties to the agreement to expedite, where possible the further
necessary formal Cooperation/Development Agreement satisfactory to all parties by the 31st October 2008.
This is in progress. Approval from PR China is still required.
China Railways Resource Development Branch advised further that in accordance with Clause 6 of the
‘Frame Agreement’ it had transferred all duties and powers under the agreement to China Railways
Resources Co. Ltd.
By Order of the Board,
Duncan Pursell
Managing Director