fledgling soon to take wing, page-60

re: flagging world bank financing Sabre, I'm breaking my word by writing another post today, but have firmly resolved this is the last for the time being.

(1) There have been a number of changes in directors since 2000. Keep looking. It's not hard to find the information out. Nobody in GIP is being paid high salaries, as it is very easy to see from company reports.

(2) Backgrounds of company directors are detailed in company reports and on the company web site eg. under "Corporate" heading. Surely it's time you at least visited the web site for just a few minutes to get these questioned answered to your satisfaction?
www.gippslandltd.com.au/corporate/index.html
Incidentally, mention has been made of value adding for the tantalum side of things. Jack Telford's qualifications would be helpful if that happens.

(3) Please read my extensive, detailed, many-links post from last September (link to it supplied earlier today and in a previous exchange we had) and the replies to it. It's not meant to be a boast about the post, but rather a pointer to something which has been acknowledged as giving a fairly good background and perspective which has been harder to get from the various other sources (I'm still looking and hoping to find some - anyone else have something ... please?). Many replied and some have provided some great information to go with it, as I hoped they would.

(4) One of the things which potentially makes GIP so special, I think, is the fact that the Russians and Italians did so much work on the prospects and gave up ... as much as two decades ago. Tantalum and feldspar were not worth anything like as much and mining techniques were not good enough to generate an attractive enough return, two decades ago. That's all changed and GIP now forecasts potentially the lowest mining costs in the world. SGW's costs are nearly an order of magnitude higher in some cases. This has been mentioned in replies to you before - not just by me. The Egyptian Government is in partnership with GIP, while GIP continues to meet milestones. As a part of the deal, GIP was granted many millions of dollars worth of mining results for free, which were used in evidence in replying to the ASIC queries and has been covered extensively before. GIP has also obtained the biggest mining license in modern times and the second deposit they were recently given is fairly close by to the first everyone got so excited about in 2002 and it's in some ways twice as big as the first. GIP are currently researching gold opportunities.

Reworking old fields is not uncommon. CTO and the Ballarat miners come to mind re. major provinces which still have huge potential. The difference in GIP's case is that several serious players have researched thoroughly, but only GIP has started digging and their bonus is getting all the results from prior explorations for almost nothing.