Ann: Completion of Transport Study for the Mackay Project, page-2

A great announcement answering the a key question on the Project's viability - "how much will transport cost?"

It was obvious haulage was going to be a major cost component but as well as having something definitive (at +- 15% Definitive Feasibility confidence levels!) from a third party on the topic I think the outcome is a great result!

Includes port handling and charges too. Not to mention Darwin should have easy to access available capacity. This Company is getting things done and answering the questions we need answered.

Surprised someone felt the need to sell ~$800 of stock on its release at 10.5c (when it had last traded at 12.5c) following a great result on a major de-risking item?!?!


(Kenny)