Ann: Activities and Cash Flow Report ended 30 Sep, page-3

re: Ann: Activities and Cash Flow Report ende... Hi 5hareholder, yes they're looking at generating a cash flow by using a "mobile miner type of device" to get some of the tin and tungsten up, NS says not a company maker but should generate near term cashflows. Intriguing.

It would be nice if it generated enough cash to avoid a cap raising if we need the odd $13 million for any reason :)

Worth a listen, NS at BRR today, he talks about the tin / tungston etc. near the end. Nick Sheard. Strategy & exploration update - 20 October 2011 1:30pm

Hawsons, although delayed obviously, is sounding like a low cost / high profit operation, the rock is so soft the abrasion on the equipment is much less than usual for magnetite, so less wear and tear on machinery, which on a massive project like Hawsons is a huge bonus to the bottom line I imagine.

A low cost operation, producing high quality ore, which is in demand - sounds good to me. We just need to get the damn thing going! Bloody Hillam!