hint in letter, page-3

I agree MM, that paragraph does give a hint. Also what is not said later in the announcement regards next years' focus. With recent efforts to raise cash, I would hate to see the $8 mil of our $9 mil cash on hand being given to Rio next month and then require a raising to progress with the current projects. Would be much more use put aside for EP&C at Weipa project for early company cash flow.

But in reality Mr.Gillies has not put a foot wrong yet, in my opinion. The model on which this company has been built and operated is refreshingly different to most so who am I to start suggesting how we should be allocating available funds.