Ann: Activities and Cash Flow Report ended 31 Dec, page-3

re: Ann: Activities and Cash Flow Report ende... Can I ask why has their been no further announcement concerning Pure Metals obligation with regards to their contributions to the Hawsons Iron JV.

Pure metals were required to contribute $5 million to the JV by the beginning of May 2014. They paid $1m in 2013 and its only around two months left to go so are we to assume that

1 Pure Metals has not paid any further money into the JV account.
2. the JV has only spent $1m in the last 9 months.
3. is CAP paying for the JV expenses now?
4. and will Pure metals default on their $5m JV obligation?

In the interest of continuous disclosure surely this information should be already known and announced