Cabmerlo, you may want to pass final judegement of GJ after the...

Cabmerlo, you may want to pass final judegement of GJ after the tender process is announced.

GBG and SDL are as different as chalk and cheese. GBG failed so miserely for many many reasons and factors that are both specific to that project, the timing / labor cost, Australian dollar, mining, grade and technical issues. Can't blame it all on GJ surely.

As for SDL, the hiccups and delays were all out of his hands. They were either directly or indirectly a result of Chinese insider trading (FIRB/ASIC probe - 8 months), reneging of SIA / NDRC backflip (2 months) and Chinese manouvering and re-orientation after deservingly LOSING the EXCLUSIVITY (all those months since December)...the very WELCOMED reason why we now have an international open tender.

You can suggest initailly accepting the Hanlong approach was a mistake (but with hindsight).

We never knew the Chinese would stoop so low but now we may have them by the double soap wanton.