I'm also looking with great interest to their projects, in particulair to the Ridgeback targets along the PPFZ. I consider the iron ore to be a bonus.
SNU have 115m shares on issue. The top 20 hold 44.6% ( just to get the picture right for everyone) See the announcement of 23-11-2009. Take notice of number 6 on the list.
Keep an close eye on the other companies with tenements on the PPFZ to get a first indication how the Ridgeback target may develop. They are drilling their targets end of this month.
Exciting times ahead.
Greetz,
Roel
SNU Price at posting:
8.8¢ Sentiment: LT Buy Disclosure: Held