shipping index soars, boosting iron-ore hopes, page-23

EMDE and SB2000 SDL has a very large deposit with the potential to double it .Location close to India and Europe.A very positive government with cheap labour .The directors have a proven track record and experience in capital raising construction and mining.Over 50% of shares held by long term investors who can see the potential which i suggest would make a take over difficult.Yes things do look very hard at the moment but companies have to take long term views and will want to secure their future supplies now while the market is in turmoil.