fmg - september 2012 quarterly production rept, page-2

Nice pickup mate, you've got a good nose for those little news items how do you sniff them out?

30Mtpa is more than we imagined, certainly initially to come out of that deposit & it's hard to see how they could/would develop Nyidinghu without us as we have the at surface stuff and they have the down dip.

Now what we need for IOH to make hay here is strong FOB prices if & when they get that ore out of the ground so that remains as the wildcard in this deal.