appeals case, page-36

Thanks mayfair. I was never sanguine about access being allowed - even to the JV papers. GA/HG/Q are skilled in the art of privacy. But as J says that's 2 out of 3 out of the way now - just the big one to go. And all the while Beverley must be running low on supply to meet its contract obligations.

The extract below is sourced from:

http://www.world-nuclear.org/info/Country-Profiles/Countries-A-F/Appendices/Australia-s-Uranium-Mines/#.UTpWOo7rbFI

"'As the main orebodies became depleted, in 2009 the Beverley North project was initiated and in 2010 a field leach trial at Pepegoona was successful. This became a satellite operation, with loaded resin being trucked to the treatment plant. In 2011 mining commenced at Pannikin, with a second satellite plant. These northern orebodies are closer to the Flinders Ranges and more complex geologically than the main palaeochannel deposits. Pepegoona is on the lease boundary with Alliance JV.

A royalty equivalent to 2% of gross sales was negotiated with four Aboriginal Native Title Claimant groups, and the first payments totalling more than $100,000 were made to trust accounts in mid 2000. The agreements also provide for training, employment, community payments and administration payments.

Production, licensed to reach 1180 t/yr U3O8 equivalent, commenced from the north mineralised zone in November 2000 though no product was drummed until 2001, when production totalled 546 tonnes U3O8. Exports commenced in 2001. Production for 2004 reached 1084 tonnes U3O8 but has steadily dropped since. In 2010, 418 tonnes was produced, and in 2011 416 tonnes U3O8, including material from Pepegoona and Pannikin on the Beverly North lease. More than 90% of production now comes from the Beverley North orebodies. Sales contracts are with power utilities in USA."" end of copy