party time, page-21

Hi (yowie013)

Production equals cash.
Very quick payback period for cost of set up.
Cash will mean paying for extra rail line and extra berths at port from sales of iron ore.Just like FMG,BHP and RIO are doing.
The Port Infrastructure set up is cheap compared to most Port Infrastructure set ups.It is close to deep water and a very simple low cost set up.That is why SDL decided to build at Lolabe instead of at Kribi.It is open to open channels,not needing breakwaters/Rock walls to protect the Port Infrastructure.

Do FMG and others have all their iron ore at Reserve JORC Resource status before they report figures for future export figures? NO.

You have still not answard my question to you about FMG's 8.5 Billion tonnes of iron ore that is not classed yet as Reserve JORC Resource.

You seem to forget that SDL have only drilled the tip of the total strike areas.Are you saying SDL will not find anymore DSO?Seems like you are.

Regards
Westcott.