Ann: Shareholder Update - Indian Partner Visit, page-169

This may be relevant - may not I have a lot of exposure in commodities. One that there is an abundance of is low fe magnetite - many parcels sitting around Aus. This product is now moving overseas - I know of three this last two months (around 200k tonnes in total) Destinations are China and India. Wondering if lower grade magnetite is suitable feedstock for Matmor? There are many many exploitation's going in, both new sites and tailings from old that have this type of product in abundance Should lower grade magnetite be good for matmor , then Aus has inexhaustible supply Just another angle ESIiers