Ann: Capital Raising and Project Update , page-63

klob25 go and read the mineweb article .It is the Japanese writing about their situation, which is if you own or invest in new mines you are better prepared for the up turn WHICH WILL COME.The Japanese Chinese Indians Koreans all compete against each other and all have long term views. This is not feel good it is a fact.Investing in a big project with high grade iron ore is a very sensible thing to do be it SDL or FMG or any other project of similar size .This is why I think funding is a matter of TIME not pie in the sky .