To me this new action in the Federal Court is getting to the...

To me this new action in the Federal Court is getting to the heart of the matter. Ags can not go ahead with this mine while H wants to tax us at about US$10 -- $15 per lb over their production cost. We now see the attitude H has adopted and legal action is in the end the only hope of a way through.
I really like this disclosure we are getting at last - H said in their defense on friday that they had spent by far the most so far for the JV -- well tough - thats the agreement - a very weak statement in defense. In the meantime a desire to rob Ags of US$7.5m each year is costing them over US$100 pa gross profit. Commercial reality should triumph.