yesterdays announcement re bhp

Apart from Sgt.Shultz post regarding a buy reco on Heron, Lash has hit the nail on the head it seems and the following statement by Heron as of yesterday is most significant and I think that many missed it.

CLEANSING STATEMENT – ISSUE AND ALLOTMENT OF FULLY PAID SHARES IN HERON RESOURCES LTD.

3. Heron advises that it is in negotiations with BHP Billiton Stainless Steel Materials division in relation to terms and
condition for entry of a licencing and offtake agreement for Jump-up Dam and any other heap leach or atmospheric leach
projects that Heron develops in the Eastern Goldfields (excluding the Kalgoorlie Nickel Project). As part of the
agreement, it is anticipated that BHP Billiton and Heron would exchange under licence Intellectual Property relating to
Nickel Laterite Technology (Technology) and Heron would grant to BHP Billiton the right to purchase at market the first
50% of any offtake produced from any project using the Technology and a right to match the best offer received by Heron
in the market for the second 50% of any offtake produced from that project (including any financing terms). Any
agreement reached will be subject to the approval of the Boards of both companies.
There is no other excluded information as defined by Sections 708A (7) and (8) of the Corporations Act that Heron has
not disclosed to the market.