massive dumping, page-8

hmmm, bizarre. makes me worry about the DTR results. Thought the mkt would be excited about the Chinese visit especially considering we have a 3.3c figure out there. If the DTR results throw out a shocking % we will all be kicking ourselves as there has been several red flags.

in saying that I am still optimistic about PDY's overall reserve, do not forget we only drilled 4km out of the 10km strike length. Also comments wrt the hematite pods - 20-25m tonnes at grade 0f 55%-60%. I would imagine the Chinese would be looking at the overall resource and its production capacity and hence making their investment decision off more sound markers, where as suffering shareholders, such as us, we have been drawn into a whirl of qualitative stuff ups and hence it puts quite a negative spin on the investment. BUT would love for the niggly issues to go away so the market could focus on the resource and its potential.