Ann: Funding Agreement , page-17

mickey, i think iread somewhere that pdy bought the ip for the chinese port and rail bid. perhaps taifeng know more about what is going on. chinese takeover of port and rail speculated in the press. how else could pdy ever get ore to market because it is so far from geraldton it is almost closer to pilbara railways. id say pdy has a plan and taifeng plans to cash in with both pdy and fwl. cant see how fwl can lose out of all this anyway.