Ann: Dec 2014 Quarterly Activities Report, page-60

Hi squid.

You continually miss the point. It has nothing to do with share price, if you think SDL will get Funding, I talk about the SDL Project and its outstanding iron ore resources.

If Funding is acquired.
Are SDL's DSO and Itabirite of world class grades or not?
Can they end up with DSO of + 62%Fe or not?
Can they end up with Pellet Feed, DRI and Concentrate at +66%Fe to +68%Fe or not?
Have SDL Announced that they believe in addition to the + 4 Billion tonnes already identified through drilling, that they believe there is a good chance they will find another 9.2 to 13.2 Billion tonnes of iron ore or not?

Have as George Jones said, SDL has only drilled the tip of the iceberg of the known iron ore strike area known? Less than 10kls out of over 100kls of known strike area been drilled so far..
Are SDL, POSCO and The Cameroon Government still in talks about a joint funded Steel Mill to be built in Cameroon or not?
Are there New African Highways being built and going to be built that are going to pass not far from Mbalam in Cameroon and close to The Congo Republic border with Cameroon or not?

Regards
Westcott.