Buying Signal & Valuation, page-5

Hi Matt747,

The $5Bn the Chinese are dangling re Wologisi relates to infrastructure, and would be paid to the Liberian Government in the even the Chinese are granted exploitation rights.

The equivalent in Mbalam's case is the Chinese offering Sovereign loans to the Cameroon Government to fund the required infrastructure re Mbalam/Nabeba.

Trying to conflate the proposed Chinese Wologisi payments to SDL shareholders is a nonsense and has no basis in reality IMO.

The Chinese already have their "in" with Cameroon by putting up the funds to develop the infrastructure. The Cameroon Government has been appeased. The corresponding Wologisi type inducement has already been made.

The inducements are China to relevant African Government, not China to listed ASX entity.

Cheers!