ord historical high $1.07, page-19

Sure Springkaan,

ORD is in a transformation stage currently. The ground was worked in 2009 with a rejigg of the board and the stage was set in 2010, with a refocus of operations and networks.

Frank made it clear that 2011 was a year that shapes as having significant progressions for ORD.

He mentioned the ann yesterday speaks for itself he iterated. Fair enough. One released the day before should have been marked price sensitive.

Made particular note of relationships with RBC and EY and very respectful of their past. Said it spoke volumes about what they thought of ORD's projects. They were very impressed with ORD's picture. Effectively giving them a green light. Extremely bullish on SARCO growing once listing on IPO level. Currently in negotiations regarding funding and ORD's level of involvement. Very confident all will turn out fruitful for ORD's stake. Offtakes progressing.

Broker roadshow coming up end this month, lots of interest. Alumina the next IO.

SARCO keen to surpass AWC and has every intent on doing that in the future. ORD to benefit in a Massive project. Recent ann gives market every reason to believe it will go ahead : look who is behind it.

Frank iterated to me to be patient and let the deals run their course. 5 - 10 year time frame for LAOS. Very exciting future. ORD keen to grow.
All as per asx releases...