Slight Conflict of Interest, page-41

Exco had the mining lease approved for the CCP project they had jumped through all the red tape tape hoops - Native Tile - EIS aproval Etc (as CDU had also done at Rocklands ) - Exco had done a BFS for the project but decided the less riskier option was to sell the deposit to the "X"men ( now Glencore ) they did mine it and they were processing it through their concentrators at E.H an MT Isa

From memory the deposits turned out to be problematic - in hindsight Xstrata probably paid too much for it - Exco shareholders were the big winners - Smart management there,