spp, page-7

Couldn't agree more Gazcan, I also jumped in today. At present levels they look extemely cheap...

1. Fully funded to production.
2. Port and Rail Facilities available.
3. Only 270mill shares on registery with very few options.
4. Minimum 6+ year minelife with significant extenstion possible
5. Start up production approx 3mill tonnes per year.
6. Offtake agreements in place.
7. world class product.

You would be hard pressed to find a mid tier IO company on the verge of trasforming from an explorer to a producer with a potential earning capacity of $300m + per year anywhere else on the ASX with a market cap at these levels!!