Squidd,I think the CAPEX will be around $4 billion which is...

Squidd,

I think the CAPEX will be around $4 billion which is chicken feed imo. Pay back of 1-3 years depending on the iron ore price.

The only person I listen to these days is one influential stock broker who puts his money where his mouth is and is heavily invested in sdl and GJ, who told me sdl is a good growth story over the next three years - he told me that in June last year.

Everything else is white noise - ignore it.

Cheers,

T