Ann: Appendix 4E and 2009 Financial Report , page-4

I tend to agree - I've held this for years so another couple is no big deal - and in a couple of years the second smelter should be up and running.

I notice we will have a SPP in the near future as partial funding for the second smelter. I'll be happy to top up at current price level as have been thinking of adding anyway. This is one stock which hasn't benefited much from the recent rally - so the SPP should be at what will be considered a very favourable price in a couple of years time.

I also like the China investment in HMC - big plus for its long term viability IMO.