Ann: Update on Tax Assessment , page-48

2010-history -
CFE suspended exploration at its Cape Lambert south iron ore project in the Pilbara region after the government proposed a 40 percent mining tax....

Also wasn't one of the major issues with MCC round the mining tax ?...

And now looks likely the mining tax will be axed ???

http://www.theaustralian.com.au/national-affairs/policy/tiny-take-sounds-mrrts-swansong/story-fn59nsif-1226848631249#

Likely this will be a positive development going forward for CFE....

Maybe can work a deal with MCC to take cape lambert south for a quick 120mill sentiment on the whole issue ?