please explain !!

First this ------


16 November 2009
Office of State Revenue concludes assessment of the Acquisition of International Minerals
Australian iron ore company Australasian Resources Ltd (Australasian or ASX: ARH) is pleased to announce that the Office of State Revenue (part of the Department of Treasury and Finance within the Government of Western Australia) has completed its assessment of the Company’s acquisition of International Minerals Pty Ltd in 2007 and is satisfied that the transaction does not trigger the land rich provisions of the Act and as such has advised that there is no duty payable.
International Minerals Pty Ltd holds the right to mine one billion tonnes of iron ore from the Balmoral South tenements located in the Pilbara region of Western Australia.
Whilst management has always contended that no duty was payable, a conservative approach was taken within the Australasian accounts and on advice from its auditors, an amount of $8,800,000 was provided for as a contingent liability on the balance sheet. This amount will now be reversed as the matter has now been finalised and no further action is required.
Australasian would like to thank its advisors Norton & Smailes Lawyers and Snowden Mining Industry Consultants for their ongoing assistance in this matter.
Regards
Andrew Caruso
Managing Director


Then this ----------

Sandrine Goodwin would like to recall the message, "Australasian Resources - ASX Announcement".