Hi allA few other questions raised at the road show in...

Hi all

A few other questions raised at the road show in Melbourne

Mt Porter
They are not going to do much with this yet as they are focussing on Nolans, and also due to the POG rising. They also said that they are waiting for the local gold processing plant to install some sort of refractory process, before sending off the gold for processing.

Angela and Pamela
It was asked why ARU applied for this instead of NUP. They said that the application occurred before the demerger and that the license could not be transferred to NUP due to some legislation which meant they could loose the license.

Jervois
Very excited with this and said it was one great lump of magnetic rock. I think they mentioned they are undertaking further drilling in the second half of 2008. Due to its distance from infrastructure, they maybe looking at a JV with a partner who could take care of the mining etc, once the resource is defined.

Substitutes for Rare earths
Possibly lithium in batteries etc, but Alistair reckons neodymium is going to go through the roof.

Hope this helps
StoofMcgoof