high-grade hematite reserves increase by 24% , page-30

Hi Squidd - great posting mate.

What people don't or wont accept is that this is about an investment risk of $6 billion into the African nations. We still do not have our Congo Mining Permit! I think this is about sovereign risk and you dont need to look far to get a feel for that. The price of Sundance is about the box and dice and what price an investor is willing to pay for the risk. The market tells us that there is risk. That is why the resource debate is of not seeing the forest from the trees.

And the market is telling us that.