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bfs release - what gip said

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    "The Bankable Feasibility Study will be delivered to the Company during the week starting 6 September 2004."

    That's what GIP said in their ASX announcement of 27/8/04 about the "Abu Dabbab - Free Trade Zone" (another first - GIP leading the way again).

    (1) GIP did NOT say they would be releasing the BFS to the ASX this week. If they do, well and good.

    (2) I still maintain the lather of sweat traders have been in over this subject is missing the bigger picture and is playing into the hands of the detractors, who may still be right, but haven't provided verifiable evidence.

    (3) Notice that a stock like PDN can go up over 40-fold since last year with no BFS to cover their main project. Notice that various African based stocks like HDR have done magnificently despite security scares and no output of consequence. Notice that spot tantalum, tin etc prices have roughly doubled in the last couple of years.

    I hold until there is verifiable evidence that I am wrong about the company, CEO, prospects, integrity,
    ground breaking leadership and value.

    (Travelling for a while with limited Internet availablity.)
 
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