Now tied to AQA???, page-3

I cant help bu think like i said at the time that the AQA developments may be a distraction to the Cape Preston East development talks, particularly with Aurizon in on that deal which means they will want third party access.

MinRes trying to deal themselves into a seat at the table is also a distraction given they would be a natural partner for Bucklands and the Port.

Based on other talks with Aurizon eg with FMS we know they wanted to charge a pretty penny for access to rail. Hopefully the CPE Port development can represent a cheaper and way quicker to market option for other juniors looking for early cashflow.

I guess time will tell but not much in terms of rumors in the press.

We are also perhaps not too far off a Iron Valley mine development announcement with first cash flows hopefully at the end of the year. With Chinese PMI data surprising to the upside hopefully there is some bounce in the iron ore price as well.