Hi BLUTO. I think that is several months ago that came out. I...

Hi BLUTO.

I think that is several months ago that came out. I cant remember if I posted it, I think I did because of the reference to China Ghezouba wanting to be the sole investor with other Chinese partners, but Not with the initial sponsor which is the Australian mining group.
As we have been thinking about getting funding, the Chinese are waiting for SDL to fall over.
I think I said at the time that even if they get Mbalam, it wont get them too far as Mbalam relies on Nabeba to be feasible as a mining project of any size.
Mbalam has a lot of iron ore, but most of it would be from stage Two, Itabirite Concentrate and Pellet Feed.

Regards
Westcott.