FMS steps to Production, page-119

this reminds me of what we went through with Brockman although we made great money out of brockman. they have over 1.6B tonnes. they are now only 2.5c per share. Im wondering if thats where Todd came up with the offer from.

Brockman's hematite projects are located in the Pilbara Region of Western Australia, adjacent to the core tenements of Western Australia's other major iron ore developers. Brockman's principal projects include the Marillana Project, the Ophthalmia Project and few other minor exploration projects in the area. Among all projects, the Marillana Project is of the largest in scale, with approximately 1.63 billion tonnes of hematite Mineral Resources. Contained within the Mineral Resource is 1 billion tonnes of hematite Ore Reserves. The distance between the tenements and Port Hedland (being the largest port in the Western Australia) is approximately 270 kilometres. Ophthalmia currently has 305 million tonnes of indicated and inferred Mineral Resources.