HIGH-GRADE NI-CU-PT-PD-ZN-CR-AU-V-TI DISCOVERIES IN THE "RING OF FIRE"

NI 43-101 Update (September 2012): 11.1 Mt @ 1.68% Ni, 0.87% Cu, 0.89 gpt Pt and 3.09 gpt Pd and 0.18 gpt Au (Proven & Probable Reserves) / 8.9 Mt @ 1.10% Ni, 1.14% Cu, 1.16 gpt Pt and 3.49 gpt Pd and 0.30 gpt Au (Inferred Resource)

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Message: November 10th
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Can anyone answer the original question re: is some sort of announcement required if BHP does NOT get the required 51%? :-)

Also, if that happens, does everything fall back to Wyloo's $0.70? I don't recall there being an expiry date on that. I thought it was to be voted on at a special meeting of shareholders?

thanks,

Hobbit

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