Ann: Company Update - Enters Strategic Alliance w, page-14

re: Ann: Company Update - Enters Strategic Al... Does seem a bit strange but like someone said thank goodness for the iron ore project which is running very well.

They have massive funding to put towards hopefully another in production or near production project.

The moly project isnt going anywhere so they will sit on it and wait till the metal price increases which is nothing wrong with that, better then pulling it out the ground now at a loss.