takeover by hanlong mining ..., page-164

Now theres a share I am very attached to!

Yeah FMGs price did grow well out from production but look at what happened to it during the GFC, still hasnt nearly recovered from the $9 highs pre-GFC.

Massive differences are FMG had SECURED funding and had no sovereign risk. Parts of the Congo and Cameroon are still like the wild west so to speak.

I have no idea where the share price will be by the end of the year but with NPVs of $1.50 (i know its for a conservative i/o spot price), but its still 4 years off!

Who knows im just saying I would be VERY happy with 70 cents now. But my investment view may be different to anyone else, I never planned on holding SDL until production. Dont have the confidence to hold a massive LT holding in west Africa.