Ann: FMS Chairmans Address 2013 AGM , page-21

Heres the contents of the Final Slide of that RTA Presso ...

Summary Project and Port Construction Ready:

Project Definitive Feasibility Study optimisation study completed for the Balla Balla VTi Magnetite Project - ability to commence construction once marketing and project finance is completed

Competitive advantage: Lowest capital cost per tonne of export capacity with scalable ability for third party access to be provided

Third Party Access: Ability to add additional revenue streams through unlocking potential third party access

Approvals in Place: Environmental approvals achieved and other approvals in place for the Balla Balla Mine and Balla Balla Export Facility

Proven Management: Board and management team have expertise in project development and strategic partnerships Company Values: Strong belief within Rutila for Shared Values – contributing to the community in which we operate