Ann: Spinifex Ridge Molybdenum / Copper Project , page-5

re: Ann: Spinifex Ridge Molybdenum / Copper P... The original mine was to be a 20mtn through put they have now scaled it back to 10mtn. The plan is to expand it upto 20mtn at some stage in the future.

The longer it takes to bed down the finance, costs keep rising. I dont expect any firm news for some months its seems like they want to see how the US dollar goes, and if the moly price improves.

I like the part where they make mention of mergers and acquisitions anything could come from left field.