sdl valuation, page-14

Leon,

you forgot all the dollars SDL has spent to date and also the $ that the governments have to put i to take up their extra share of the projects.

Will those $$ go straight into Hanlongs coffers?

and what about the 70mil thats currently at bank. Hanlongs gets that too...

oh and one last thing, what about the millions of tonnes of extra ore not yet proved up... make 1.7billion look like chicken feed.

If Hanlong get this for anywhere under a dollar its an absolute farce... and even then its still not FAIR value.


Davo