Hi (squidd)As you said juniors being cut off at the knees.As i...

Hi (squidd)

As you said juniors being cut off at the knees.
As i said a few days ago,very few of the juniors will ever make it to production.Your own Equitorial is not looking good with lower grade than was expected and not looking to stsrt up as early as expected.
At the same time the likes of RIO,BHP Vale are stopping work on their large iron ore projects in Guinea.
BHP pulled out of Bauxite in Guinea.
That is where the biggest iron ore projects that were factored to start up are,in Guinea.

Again I ask you to say what price you would work out future iron ore resources on. You would be working on a price for Equitorial's future,what price for SDL's future?

How do you value EQX and SDL? Are you back to posting and knocking me on SDL because EQX share price has crashed as well.

I have given you the lowest prices after the 2008 slump and the recovered prices in 2012. They still make good reading for SDL. Which do you want to work on,the Low or High?

Regards
Westcott.