50-100 million tonne range is a huge amount nacho211.
Ausi small ords index went into a serious decline.
Personally, i think these prices are very attractive.
There are several may/june drilling campaigns in the near term that are soon to be announced - if your going to average down then my advice is to buy before the drilling campaigns are announced.
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Ann: Malagasy Investor Presentation May 2012 , page-9
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