Ann: Confirmation of saleable Iron Ore Concentrat, page-16

re: Ann: Confirmation of saleable Iron Ore Co... Very True Val .But as it has been stated we will pay a small penalty for these substances and that will be that .
Really only a small accounting procedure .
On the other hand we will not be faced with the huge capex that the others have eg SDL .
The point made about the soft ground and the shallow pit is also very important .Mining is a very expensive industry and consumables like drill bits digger teeth and so all add up .I have worked at mines where the operators had to change bits every second hole .When you are drilling 300 holes a day thats a lot of bits to be sharpened .
Kfe has de risked the project now and any further work can only improve matters .
As Wildy has explained we now have to inform the investment market .
I am thinking you have really no more negative material for us now .