more buyers than sellers, page-17

Would not rule out the possibility of a 100% sale for $350M - $400m given the current climate.

The IPO may well struggle, but if the Chinese want to pick up Marampa cheap, then $350M or thereabouts may be win/win.

Sage will get his hands on cash to return to shareholders, of which he is a significant holder, and left over cash can be used for cheap opportunities out there.

Well that is what I am hoping for short term. It has been frustrating that we seem to miss the up days but don't get spared on the down days. Obviously the fall in spot Iron ore prices over the last week or so hasn't helped.