People too readily forget firstly that NTA is, even after the...

People too readily forget firstly that NTA is, even after the writedown, probably several times the current SP, and secondly that if one were to look at the non-mining component of the business, it seems in pretty good shape.

This is a risky stock but I think the market underestimates its ability to deliver value to the shareholder. It isn't a mining company after all...its assets can be more easily sold and the conpany can be more easily taken over.