Ann: WA Minister for Energy Commissions EMC Ravensthorpe Project-CWE.AX, page-4

It is pretty obvious that EMC is better positioned to commercialise projects much faster and in more locations than is CWE at the present time.

I was encouraged that both companies committed similar amounts to become partners in each other's company. If it had been all one way I would have been a little suspicious.

During negotiations, EMC must have seen something in CWE's forward plans that aroused their interest, otherwise they would have just carried on with what they we're doing (which seems to be, quite well).

As I see it, a company that is able to create income streams for both the short term and for the long term, is covering all bases. At the moment we are seeing good progress from EMC. What we are yet to see, is CWE chrystalizing their slow burning plans.

In order to cope with the protracted wait, myself and Mrs Fauna have lobbed in Ubud, Bali for some R and R. Already it is starting to work, I am feeling totally relaxed about what they are doing?

It is Bintang o'clock already, where has the day gone?