a case study in takeovers, page-10

Hi (haemitite.

The initial bid was rubbish to start with.Yes we do want a higher bid,but from a joint venture party.

With all your wisdom,how much iron ore do you believe is in the ground still to be drilled and prooved up?
Have SDL no more iron ore to proov up
Surely that is a pertinent point to be considered by any investor in an iron ore company.
I know you have no shares in SDL,but you seem to know what they have and do not have.You must have researched SDL and its tenements to be so knowledgebal about them.
What are they likely to still find in the way of high Grade and Itabirite(BIF)? Sorry you say they have no DSO High Grade.

Regards
Westcott.