Ann: IOH Announces New Senior Management Team , page-6

Mike, what time frames are you referring to? As far as I know IOH has not placed any timelines on any of these plans so it's fairly open-ended but I can assure you if IOH are going it alone we are looking at 3-5 years until the first ore would be shipped. Any faster than that would be an incredible achievement.

Personally I'm very, very pleased to see "plan B" finally being developed as opposed to simply drilling away and hoping for an asset sale or take-over offer.

Although it may take 3-5 years for ore to be shipped, you can be sure there will be predators sniffing as soon as we start ticking boxes like BFS, rail access etc. just look at BCI and BRM.

I won't be selling any stock and I'll be buying more if short termers push the price down with their selling.