Ann: Despatch of Entitlement Offer Booklet, page-38

That announcement was a great big ball of fluff, MIN didn't announce a thing, a mention of POTENTIALLY 200 million tonnes and what grade ???????

No details of the "so called" option agreement for the Sh of MIN to digest!

This is just a play with an end goal of making us shareholders of FMS feel we don't have any negotiating power.

So this must be Todd's other option at getting IO, up to 200 million tonnes without grades mentioned, now if it was high grade wouldn't they be announcing that.

Ok Todd you want us to believe that this option agreement is better then FMS's over 1 BILLION tonnes of IO that you currently own 53% of, please give me a break!

Todd Take a good look at the sell side of FMS, 4 sellers, a whopping $16,000 of shares available, we just ain't buying it!

These shares are just so tightly held. We are not budging.

L4L