mou is not a contract, page-7

Gekko. Firstly, you have made an inference that the management of BCI are being misleading by stating that "companies like BCI should tell their shareholders exactly how they're going to ship ore".

Where in any of BCI's public statements have they been less than forthcoming? Even in the recent presentation, M Young, the MD made it clear that access to ships is dependant on the MoU. He has always made that clear. Check out the "Iron ore investor's check list" in the recent presentation. How is that dishonest?

Now BCI, AGO, IOH, Ferraus, and BRM have banded together to form the NW Iron Ore alliance which gives them a second front for port/ship access.

These guys are doing all they can to get ore on ship and I find BCI to be the most honest of the lot.

MMOTPM