Dear gswI have one, thanks, and I obviously spend a little more...

Dear gsw

I have one, thanks, and I obviously spend a little more of it than you researching this company..or you would see the relevance...at least I would have hoped so.

My point is that lots of people seem to be hanging their hopes for this company on the fact that it has entered into an exclusive agreement with a Chinese company which precludes them from talking to any other chinese entity about their project for 6 months so that the chinese can have a look at the resource and their confidential information and decide if they are interested in doing something.

I was merely giving an example which illustrates that this sort of deal with the chinese does not necessarily lead anywhere (except up the garden path of delay) and in the case of King Island it was a letter of intent...not just an agreement not to tallk to anyone else...get it?