Ann: Appendix 3B, page-37

"""(That the Minsheng Bank when agreeing to grant the loan of US $65 million dollars { approximately $70 million Australian ] has also agreed to increase the facility to US$ 100 million if the Cloncurry rail and Townsville Port facility require additional funding.
That this was after exhaustive due diligence process by the Minsheng bank.
Loans of this magnitude are not easy to secure particularly in the current climate and are not done in haste.)"""

It might be true. But, what you are failing to tell us, is what they have asked in return as security for that loan, and if it is all very palatable to us to bear.

Also, and form what you wrote, it is obvious that neither the Port facility, nor The Rail link have started thus having the ability to draw a further $USD 5million dollars to complete that work to allow us to ship our Copper Equivalents to market.

Finally, if that money was available to us and in our Bank, why on earth paying for transportation in shares which will cause further dilution to existing shareholders, and not with cash.???

Facts Roh. Facts, .....not Fictions!!