deal out, page-11

Yep agreed good to see you did hang in there C30
Just need slampoil back and it will be the old firm

Let me see if i have this right please correct me if i dont

Clives company ARH, has entered into a MOU with Clives company Mineralogy, where Clives company International Minerals has the right to mine 2 billion tonnes of his own ore.

Clive with his Mineralogy hat on has drummed up 1/2 a billon from the Scots

MCC Hong Kong has agreed to chip in 75% of the project cost as long as Clive sells it to the Chinese.

For doing this MCC will become the main construction contractor for a locked in price -- (think Sino Steel)

We have flexibility for other partners

We have a major trading house (i wonder who that could be starting with "R" Owned by someone whos name starts with C ) possibly chipping in for a further 600 mill for a slice of the pie

International Minerals is still stuffing round with the evaluation that should have been complete 8 months ago.


Upside -- this is a step in the right direction and possibly the most positive news to come out of this company for years
This also might prompt Hunan to wade into the action

Downside -- there isn't any -- G/L to all