Soke with John last week. We talk abount once every two months. He, as always, was very positive abount Nevsun and doesn't understand the low valuations given the stock (other than the negative influence of the general credit markets). Although he is not in the mainstream of the financing negotiations, says, from what he knows, that there are no major hiccups being encountered and expects the financing to close this quarter. Because of the past difficulties with the Mali operations they are proceeding verly cautiously with their issuance of guidance.

I have been in Nevsun for the last five years. Have lost a decent amount of money, averaged down, and have high hopes for the stock.

Due your own diligence.

B