Ann: Quarterly Activities Report and Appendix 5B , page-8

re: Ann: Quarterly Activities Report and Appe... G'day JID,

According to the Sep't 15th, 2008 announcement re the sale of the Cape Lambert resource:

"Together with the first payment of AUD$240 million, this brings the total received to date to AUD$320 million. The final payment of AUD$80 million is to be paid by MCC Mining on the grant of a mining lease and related construction approvals for the Project."

Have the mining lease and construction approvals been granted?

Cheers, Doomdog