Arguablythe mostimportantdevelopment in the region duringJanuary was the release ofofficialstatistics which indicated thatChina'seconomy had been stronger than expected during calendar 2004.
That would allow these reserves to be booked for the end of the calendar year for McMoRan and help it on its way to finding its big pocketed partner for the extensive developmentof this play that will go on for years.