Ann: Media Release Braemar Iron Foundation , page-2

re: Ann: MEP: Media Release Braemar Iron Foun... The Alliance is together, and it is good to see that HAV Management has bought into the concept by being part of it. Which is also positive for a co-ordinated approach to Governments and saving $ on infrastructure.

However, it should be noted that the Braemar iron ore project may take up to 10 years (see media release). Which is why this will have little, if any, impact on HAV's current share price.

Still it adds to the every increasing number of "projects" that HAV has. It also gives it better options if it wants to monetise this asset, to be in a better funding position to advance the more its development projects.

Cheers