this is what i am being told, page-5

Hotazel

I was a stunned mullet for about 1hr this morning and had to re-read the announcement to make a decision.

They could have announced this 3-4 Months ago going by the terms of the tender winner and we would of been 3 Months ahead of schedule.

This announcement screams stakeholders are taking an each way bet on where the iron ore market is going with plenty of outs.

By the way it is the "Aim of the board" not a concrete date.

Any further weakness in the Global Markets will lead to further delays.

Commitment was what I was looking for and there is none of that in todays announcement.

5 Years is a long time

How much more funds are they going to piss away in that time

$200M just in administration alone. Close to our market cap.

Cheers