Hi FurnitureI did some reading up last night and with the...

Hi Furniture

I did some reading up last night and with the appointment of the directors they have got, it looks well like it may be straight out i/o. Refer to acquisition ann, close to infrastructure and a plant currently on care and maintanence. With 1 to 2 bil tonnes of i/o targeted and what seems to be very low capex and opex, this may well be a good find. Or it could be a big p and d like something else. I think under 2's is a good ride but quite a lot at 1 probably bailing soon. Director buying may comfort some.

PGamble