re: when does the pack arrive? how long can it take to do...

re: when does the pack arrive? how long can it take to do this:

"negotiate a formal and binding agreement, to progress AusQuest’s recently
identified Nameless iron ore exploration project...located in close proximity to Rio Tinto’s
existing mining operations in the Tom Price area." 25 Nov 2005 Ann

today 6 Dec 2005

2 1/2 weeks since the ann

HOPEFULLY THEY GET IT TO THE MARKET SOON !!!!!!!!!!!!!!

also form the ann:" ...contemplated that Rio Tinto will, subject to the fulfilment of certain
conditions precedent (including the grant of the tenement to AusQuest) take up an equity
position in AusQuest through a $1.0 million placement at 20 cents per share (with an
attaching 40 cent free option exercisable within 24 months). The funds will be applied toward
an initial work program at the Nameless Prospect with a budget of $250,000. This program
will be designed to ascertain the iron-ore potential of the Nameless Prospect.