There wont be any cash inflows into MLM untill next quarter. The...

There wont be any cash inflows into MLM untill next quarter. The best we can hope for is haul road approval and a serious off take / sales agreement for ALL of the higher quality product. I think there was 4.5 million tons off memory. Also around mid feb we may get notification of site mobilization. If MLM leave it untill the end of march thats another 6 weeks wasted of lost production just to mobilize site.

Another thing im trying not to down ramp but think about this every 4 ships exported 2 go to the j/v partner, 1 ship is for administration, 1 ship for share holders. Somthing to think about?

Also were is the receipts from our so called j/v partner for the expenses for acquiring native title, federal, mining lease, and now haul road?? Let me guess there isnt one. We the share holders take the risk and the j/v partners get paid. VERY VERY one sided atm.