Copper before Iron Ore - CuFe Ltd., page-97

Yes I did learn that Rare Earths aren't really rare. My investment outlook is biased around Cu, Ag, although I do diversify somewhat.

Looking at this stock, The Iron Ore does not excite me - its all great to praise revenue of x, but you want to make a profit to warrant the risk of production; it is barely profitable whilst running a hedge. Someone help me out here. Are there plans to upscale? reduce cost? * I did see that some was stockpiled due to road closure.

The Tennant creek tenements I do like and they are numerous, open and not insignificant; the Au credits will also come in handy. Bryah Basin, needs its own investigation.

I have not looked at the Niobium prospects as yet, BlackC.

Funds from this raise to be used for West Arunta and Tennant, exactly where it should go.

I took a small position today just to wet my apetite.