Ann: Market Update, page-32

The relevance of the Gold Valley development is covered in today's MiningNews.net story. Key points copied below.
GVI = Gold Valley Iron, run by Mr Xie. GVG = Gold Valley Group.

By October, GVI decided to switch to owner-operator while working with Elmore (previously IndiOre) to establish a wet plant to beneficiate the ore.
The plan for Elmore to buy the Francis Creek plant in the Northern Territory from another GVG company and relocate it to Western Australia, but Elmore decided to use a smaller mobile crusher instead.
GVI did not object, but Elmore reportedly failed to provide key data to GVI to allow state approvals for beneficiation. Elmore claims the lack of work was repudiation of the contract and it is claiming $1 million plus compensation for lost earnings.
Xie rejected the claims, and said the $1 million was only for legitimate demobilisation costs - and there had been no mobilisation as the project could not begin without approvals.

Elmore Fudd might as well start plainting companies in the WA Warden's Court - it's on about the same level of desperation as this garbage.