Ann: Karara Operations Update , page-6

I think we all know they continue to need more working capital if for no reason other than that they continue to not produce or ship enough ore. I think they may not reach real nameplate until November given that despite reaching 70% of nameplate they have only reached 700kt of magnetite in nine months.

Absolutely awesome to hear ansteel are loaning the money without requiring any capital. I wonder why they have agreed to this. They have us by the balls but they are letting us live. Madness