re: Ann: Maiden 200 Million Tonnes Resource f... Gotta love...

re: Ann: Maiden 200 Million Tonnes Resource f... Gotta love these comments from Don:

Comment from Managing Director Don Lewis
Sundance CEO Don Lewis welcomed the very significant growth in the Mbalam Projects DSO Resource.
Our exploration programme has continued to deliver at the upper end of the Companys targets. Our very rapid exploration success at Nabeba strengthens what is already a robust proposition for global investors and potential partners.
Mbalam stands-out from its peers on the basis of its world scale DSO and Itabirite Hematite Resources. The Project DSO Resources are near-surface and high grade, supporting a low cost mining and processing operation delivering a premium sinter fines product quality. This will place the Mbalam Project in the lower quartile of worldwide DSO operating cost forecasts. Our 2.3 billion tonne JORC-Code compliant Itabirite resource (at 38% Fe) then provides for very long term production of high quality pellet feed concentrate, a product that we expect to grow significantly in market demand over the life of the project.
The key foundations of the Mbalam Project are in place with potential upside to increase the duration of DSO production and further enhance the Projects high margin cashflow.
The DFS is on target for completion this year ready for commencement of project construction in 2011. The time is right for strategic partners to join this world class project.

AND to think hte Letioukbala prospect on Research Permit 363 in Congo is yet to be drilled!!!