So, Copper Flats has been rejected by the Guangdong State Asset...

So, Copper Flats has been rejected by the Guangdong State Asset Supervision and Administration Committee due to it's risk. No JV with GRAM then and therefore no $3m.

Patersons are engaged to advise on the potential sale of Copper Flats.

I am somewhat taken aback at how the announcement of the rejection of the JV with GRAM for CF has been placed at the end of a brief update that is otherwise just that, an update on the other projects with very little groundbreaking news. This should have been announced as soon as they were advised in a separate ann. It impacts funding for the drilling of Suplejack in the very least.

Not very good form as far as I am concerned. I want to hear some more concrete details of when they are planning to IPO Laos, or how they intend to proceed, once the Yuqida resource upgrade is announced. To me it seems like they put this brief update together to lessen the news that Copper Flats is finished.