good on you management - all credit to you!

I am the first one to admit, I was getting very cheesed off with the delays (without explanation) to the stated settlent date of the placement - and I made my POV known here and with the company.

BUT....what a great week of announcements - and credit where credit's due!

9/8/11 - Ann. Royal completes international placement of $6.93 million
10/8/11 - Audio broadcast by MD Marcus Flis - where he talks about finalization of the placement and settlement of Warriedar Iron Ore interests for $8 m expected settlement within a week.
11/8/11 - Ann. Native Title mining agreement signed, in regard to Razorback
12/8/11 - Major upgrade to Razorback Magnetite Resource. Upgrade to 568.7 MT - 25.6% Fe with 437.1 MT at 26% Fe classified into resource category. AND drilling to resume on prospects to target total resources of 700-1000 MT at 18-45% Fe BY END OF YEAR!


All in all - a great week for news. he market does not seem to have picked up on all the good news.