PagarsiI hope that Mt Robinson comes good also. And I have had...

Pagarsi

I hope that Mt Robinson comes good also. And I have had and still have doubts about the infrastructure issues and will have till they are resolved.

All I can tell you is that management, as far as i can ascertain their views, are bullish about the prospects of railway without addition (they like us all would prefer more) and confident about solving the infrastructure problem although it is not done yet.

The real problem for us all is to strike a deal with,in my uninformed guessstimate, BHP to get the stuff to market and perhaps to raise the cash to complete the mine.

It might be that the company gets sold or that we sell our stakes in it?? I would prefer it go a bit further along the road before this happens if it has to so as to maximise value.

I think that in the present recovering market for Iron, we have to get a move on and get the sp lifted well about $1.30 and that in the near term. How this is to be done or if it can be done I don't know.