half yearly report

"This has allowed the board to scale up the proposed scope of the project from 500,000 tpa to 2 - 3 million tons per annum."

Ah sorry but I think the board missed a fine detail. Quarterly report dated 29/10/2009 stated:

"The WMTZ is planned to support an initial start-up mine with the production of 500,000 to 1,000,000 tonnes per annum of beneficiated rock phosphate with trucking to the Gulf of Carpentaria coast for sea traded export."

Is this an attempt to downplay the trucking option?

I sure as hell think so.

They told the market what the expected minimum and maximum production target is for the slurry pipeline option, however only quoted the expected minimum capacity for the trucking option.

The market needs both options lined up side by side...this should include time lines, milestones, CAPEX and OPEX, P/E ratios based on today's costing etc.... In addition, the board needs to provide this data in an unbiased manner. Nothing wrong with stating the board's preference, BUT they need to be transparent with future reporting.