G'day Grant, Everyone know LH is ridden with problems, hence one...

G'day Grant,

Everyone know LH is ridden with problems, hence one of the reasons PDN had to sell 25% to the Chinese, besides the fact that PDN was badly run.

The deleterious elements in the slurry are a problem. Some of the deliveries were rejected.

Also LH is a low grade deposit. Even HT is slightly higher grade than LH. Lots of dirt needs to be moved at LH.

Finally, if shareholders vote down a deal with WU, do you really think Glasier would accept HT ore? ZZZZZero chance. If HT ore were to see the light of day in 2017/18 at the earliest, only the dilapidated inefficient mill in Blanding might consider tolling it . Except 75% goes to the mill and 25% to the ore owner. Sweetwater is too far. And Shootaring will never restart.

Cait