Ann: West Mine North Mineral Resource Estimate , page-2

re: Ann: SFX: West Mine North Mineral Resourc... Another shot across the bow for any impending WA basd mineral sand project. Iluka are only entitled to a 1.5% royalty, but again give it "market sensitive" status.

However, if sand prices continues to move up and Iluka's eneabba re-start runs low on feed in a couple of years, you don't need to be a rocket scientist to work out where it will come from.

I don't own SFX (yet), but I like what they have and the MD (McQuitty) is no idiot. Wouldn't be surprised if he had his own sleeping bag on-site doing the drilling himself.

Pep