Ann: C4 Iron Ore Deposit - Production Update, page-79

Steven,

I see you have abandoned the GWR ship most likely from the recent drop in iron ore price, fair enough its all about choice.

I dont really understand why you would bail though, demand for iron ore hasnt changed only the price has.

I do recall gary re negotiating terms with the buyer a while back now, didnt it occur to you that a new deal maybe struck?
This time around a fixed price contract?

Then we have the contractor, i know if i had employed heaps of people as a business owner i would be doing what i could to keep the funding rolling in. (Renegotiate better terms so they can both stay in business)

At the end of the day its your choice and your money.

Just seems a bit strange as you were so pro GWR.

Any way all the best mate.

Rooks