major technical jump coming - this is big, page-16

Im putting 2 and 2 together here and assuming that the old plant will almost definitely be moved south as they have put back Mt watson to late 2005/6.A change from that mentioned in the Baillieus report as they were going to start up the old plant for Mt Watson reasonably soon.I suppose if they are going to move the thing then they may as well move it 100Kms as a few Kms once its on trucks.

It also sounds as though they want to do more re-definition work on Mt Watson,understandable considering the apparent continuity in grade along the strike as per recent annmts.

They dont appear to be in as much of a hurry with all this apparent reordering of the projects.I dont think they need to be as Chinas demand for Cu will be a long term factor.Maybe this is whose been knocking at the mrx door.If White range/Greenmount has a 60-70Km potential strike this is just the sort of long term project they'd be after.

d.