South China Resources

Divinausa - I hope your guess is wrong but it might well explain the fall to these levels. On the other hand with Bruce onboard there are now some other financing options. I don't have any problems with the investment per se but I am unhappy about the timing. I want to see a succesfull Danfeng project come on-line before we are called on to provide funding for a new project.

I am quite ok with the pedantic attitude to Moly assays and that it takes considerably longer to complete a JORC than expected. But since these issues have arisen would it not be prudent to place future projects in hold until Danfeng is ticking over. Furthermore the Zhunuo project would be a very different kettle of fish to Danfeng, involving, as it does, a massive logistical operation and potential infrastructure investment.