back to a dollar plus soon, page-22

Hey Doc - just in case you missed this bit from the AGM ann...

"An important milestone of the year was the signing of the Karara Joint Venture Development Agreement
with Ansteel for both projects in Sydney in September. This agreement was signed before the Chinese
President, Mr Hu Jintao, and the former Australian Prime Minister, John Howard, during APEC Leaders
Week in Sydney.
This signing ceremony – which effectively marked a development go-ahead for the Karara Project – was a
very significant occasion for both Ansteel and Gindalbie. It was preceded by the announcement that
Ansteel had decided to take up a strategic $39 million share placement in the Company, which proved to
be the catalyst for a re-rating in our market valuation.
Once again, I would like take this opportunity to thank Ansteel for their support and partnership. They
bring a wealth of technical expertise in large-scale magnetite projects; they bring financial strength and
backing which will underpin the financing of the Project; they bring market intelligence; most importantly,
they bring a strong will to see the Karara Project brought into production as rapidly as possible." GJ

... I think mums and dads are safe... Nice post from the Gimp too - even though national leadership has changed, Kevin Cantonese Rudd is likely to be applying the appropriate pressure too I would imagine...