Ann: Bankable Feasibility Study Activity Slowed, page-54

Yep. I didn’t like that much. Chairman giving it the thumbs up Friday and A over T Monday. Today’s message could have been delivered over time allowing investors to stay or take their leave. Very blunt message today. However I do think that the projects metrics haven’t changed. The AGM plan will see the project sink or swim. Surely there are other options to use rail to kick start the mining operation on a much smaller base of say 5 million tpa until market forces settle in 6 months time. Don’t know what to think this am. Bloody big dent in my retirement plans.