HighlightsUpdated JORC resource Limonite and Saprolite to be...

Highlights

Updated JORC resource Limonite and Saprolite to be released Dec 2007 (old news)

1000t bulk sample saprolite shipment to China 1.8% sold for US98/t

2 bulk shipping contracts FOB signed -
50000t at 1.2% Chinese buyer. Term 15Nov-15Dec-buyer advises chartering ships difficult.
50000t at 1.35% Australian buyer. Term 1Nov-28 Feb- earliest vessel arrival Jan 8

What do people think? Its a start i suppose but i was expecting more, lack of detail doesnt help either. Maybe longer term off-take agreements will push the sp higher. I still hold - for now.

DYOR-Dont listen to me-i have a day job.