Ann: Iron Ore Update - Johnston Range , page-19

Hi Guys

What exactly is factored into the share price ATM? Is it the Iron Ore Drilling or the Potash? What will happen if the Potash is Put on hold (Not like it hasn't been on hold for almost 2 years anyway)? The market reaction to all ASX stocks regarding Potash has been favorable and many doubled after the BHP Bid. TRH has underperformed for the last year and has underperformed since the BHP bid IMO.

Maybe it is time to thank a certain CEO for his efforts but part ways and seek a new project. They did mention in the Iron Ore presentation that they are on the look out for projects.