that elusive creature, and asx breaking ticket, page-4

Teflon,

You started with something I could agree with.

Then you went into overkill.

Eritrea might be in the bad boys club, along with half of Africa, the middle east and central asia, but hardly in the same league as Cuba, Iran or North Korea as an irritant to the US, or to major European or Asian powers for that matter.

There's a couple of years before major dollars are committed for construction, time for all this to sort itself out. Better now than after FID or when we're in production.

Lots of investors and traders a bit skittish or short of cash atm. A couple of these trying to cash out, or likewise someone who has suddenly taken the risks seriously wanting out, or forced out by internal mandates, who knows but not a lot of liquidity/buyers to soak them up atm, and everyone hates to buy/support a falling share, esp one support levels are breached.

Personally I don't think we"ll find much short/medium term solace in the nickel either, although we could not that if the results are not that flash instead of STB holding 30% of something great, it will hold 100% of something that might fly in the next nickel boom - and there is always another.

Thought you might have added something to the discussion after such a long absence, other than just same old angst and motherhood regarding your virtual shareholding in STB.

EL