**on : sundance eyeing belinga iron, page-17

Hi shares007,

Only common sense - why would they take away from a minow like sdl which could easily be swallowed up by a major , only to be handed over to a bhp or say a Chinese co who could also end up sitting on the asset with zero investment for a period of time.

If you investigate the circumstances of where govt's have taken away licenses and tenaments they have so for good reason....ie where financially capable company has just sat on its hands and done stuff all to develop.

At this stage a suggest it would be extremely detrimental for either govt's to play silly buggers and throw in heightened sovereign risk into the equation. I'm sure that will encourage someone to drop a couple bilionl into the jungle....