re: a bit of interset in uk/pre tendering. That is actually a...

re: a bit of interset in uk/pre tendering. That is actually a PRE tendering annmnt Scarva.

We still have no confirmation of finance yet so its difficult to see any type of work happening until this happens.

Projects in Pre-Tendering Phase
Subject $ 80 million Egyptian Australian joint venture formed to exploit $ 1.3 billion confirmed reserves of tantalum minerals in the Eastern Desert.

Date Published Tuesday, January 18, 2005
Source Name Al-Akhbar
Location Name Red Sea
Description
Date Format: Under attendance of Egypt Minister of Petroleum & Mineral Wealth, contract was signed for the establishment of a 50/ 50 $ 80 million Egyptian Australian venture to exploit $ 1.3 billion confirmed reserves of tantalum minerals in the Eastern Desert among others, deemed a scarce mineral worldwide. An American/ Japanese consortium has confirmed its intentions to import all the company output for 5 years as of July 2006, the projected date for production start.

Like I say rabbits in the hat.

d.