upcoming dividend, page-95

It has been reported that, China has been using stockpiles of minerals, thereby, depressing prices. So, your reference to market
manipulation is entirely correct. Fe price goes up, then goes down, as with other minerals that China buy.

Don't worry about Governments in Africa, they, IMO, are merely puppets to the Chinese regimes global expansion
Whilst not disclosed, (when GDP comes in at 6% quicksmart), the investment in Africa by China is massive.

It is my strong opinion, that, China controls the supply and demand of resources, all around the world.
BHP, RIO, FMG, VALE, GLENCORP, keep mining, and China dictates the price they will pay, by reducing demand.

Thereby, for an African Government to restrict supply to China, is, absurb. 100% to 0%, would see the despot
in power, have the economy ruined, China says, we want more, they get more, simple.

In conclusion, JMS, is in a good position for the future, Regardless of the cum dividend, there is a consistent
return to shareholders, with a potential for future growth. Happy to hold for growth.

Even at dividend of 2 cents PS, that equates to a yield of 6.15%. Happy to hold.