sell down of springsure ck likely at end of yr, page-4

in a recent investor report $66 per tonne life of mine costs.

at current prices that is not a big margin but we are talking about very low prices of about $88 per tonne.

at prices of $100 it is a strong project. don't let the downrampers fool you - china will rebound in the second half of the year from a current low(haha) of 7.6% growth....

bnd well positioned with significnat cash to push through feasibility etc whilst this negativity is around.

good luck everyone...