fair value?, page-57

shareholders --need to look further affield ---gbg
another in the george jones stable
gindalbie has paid 1.5 billion into their 50% stake
in the kara infrustracture & mine they now have a market cap of under 500million
what is that telling you about the erossion of values in iron ore miners -----perceptions of cost blow--outs on projects are scareing investment
IMO ---holding gbg over the next 6 months will give you a better chance of a return .
Than the risks associated with holding sdl
NO STOCK HELD AT PRESENT ----but I was a holder and bailed a year ago .
george jones is a great guy but people who follow him into
investing in his past reputation ---now have regrets imo