sandune interesting call to sell some given that the UK is...

sandune interesting call to sell some given that the UK is prepared to pay AU$2 for them.

share price could go either way still i would think @ this stage a lot of short term price riding on better than base production from first 2 PGM washing plants but they are pretty much stating they will be better than base already in the presentation. 31 july we will get some indications.

looking at 2nd half 2008 for the EN mine to be operational (from presenatation) so a little way off but not much factored into the price for it and it is almost certainly going to proceed to production through the agreement with eastplats.

still cheap based on current information and if all goes to plan will be holding for minimum $3 and more likely $5.