Hi malmanu. The people in charge of that are Chinese backed....

Hi malmanu.

The people in charge of that are Chinese backed. Same people, companies who were involved in Guinea that got caught up in all the controversy with the fraud, underhanded dealings with the Guinea Government and the problems to-do with Simandu/RIO and so called Partners. World Bank fraud department in America got involved and people sent to prison over it. Was suppose to be organising funding for building Port, Rail and so on. Not even classed as DSO.
SDL has drilled very little of over 75kl of (Known) strike area.
SDL DSO is over 62%Fe and an expected 9.2 Bt to 13.2Bt on top of the already known 5Bt+ of Itabirite for converting into 66%Fe to 68%Fe Concentrate and Pellet Feed.
The 53%Fe and 50%Fe does not cut it as far as DSO to sell to customers.Does not even get to SDL's cut off grade for high grade.

Regards
Westcott.