Ann: ASX 567 Roper Bar Iron Ore Project Hedge Con, page-2

re: Ann: ASX 567 Roper Bar Iron Ore Project H... I think this is pretty good news. It protects us from fluctuations in the IO price, but on the other hand it does limit the upside for us should the IO price soar. However, most analyst are predicting a fairly soft IO price over the next 3-5yrs.

So all in all, good news.

Now we just need the CR selling to finish up and we can start our move up in anticipation of the first shipment going out. Early December should see the SP higher than it is now. Stunned if it's not.