Ann: Quarterly Activities Report , page-9

Cornwall I would be very surprised if SPM would want to get involved with Cape Lambert again. What the company now needs are some major players who can see a great opportunity and have the money to help develope a mine.
Cape lambert are not interested in that type of thing.
Their loyalty is also very quetionable.
When SPM begins to move it will do so quickly as it has a very tight register. Their major shareholders have been very loyal and patient.
They know the potential and are not sellers.
There is a report recently done by Ocean Equities.
If you can get a copy, have a look at it. Makesinteresting reading.