Boko Haram - A clear and present danger, page-31

To "wheel" these out now as so called "new" threats that suggests that were not considered by SDL is wrong and misleading. Merrill's point , in part was highlighting that those who came before did not know what was install for them. SDL & other Miners in the region do know the risks and these are factored into the economics' to reflect that.

It is purely market sentiment at play now due to the change in commodity supply/demand.[/QUOTE]

Cheers Professor, I accept what you say and your point is well made. Problem is the likes of Pika, Westy and angor post stats, numbers, costings, as if the project is in a vacuum. To them it's simply and only the numbers without any premium attributed to the incredible risks inherent in this project. To simply quote cost of extraction etc and then compare them to BHP Rio is very annoying to many people. What cost per ton can one attribute to the Sovereign risk of Worst Africa? If those people attributed a number to Sovereign risk and grossed up the costs by this amount then I would not feel the need to "rain on their parade of optimism".