announcements...very open ended., page-2

MT

What do you make of the paragraph below??

Project Equity – Thor to increase to 51%
Expenditure at Spring Hill has exceeded the amount required for Thor to exercise its option to increase its equity to 51%, and notice has been provided to joint venture partner Western Desert Resources (WDR) which has commenced a verification review of that expenditure.

If they were to have to exercise the next 26% of SH, how much do you expect it to cost what sort of financial benefit do you see this?

MB would be very worried im sure if the trigger point was forced before any real resource upgrade was established...

TY