leg has all its eggs in west africa, page-9

jasonalex,

I totally agree with you, much more potential and upside I believe in LEG compared to SDL. Being a previous holder of SDL, i really did get fed up with the stretched timeframes, and being kept in the dark with announcements. The thing I like about LEG, is that Mark Wilson does stick to his word, and the announcements are on time. We have only just hit the tip of the iceberg with drilling and am looking forward to the upcoming results. Having a large Magnetite resource isnt a bad thing at all, you just have to look at the takeover of Sphere Minerals by Xstrata, $500 million dollars!! I believe the point that attracted Xstrata to Sphere(like POSCO with LEG) is the fact that the project had great access to exsisting infrastructure and was close to the coast! If magnetite was no good then why would Xstrata bother????