Agree. SDL floating at 30-32c has been steady and isn't too bad.
Look at our peers AQA (under $800m) and AGO now only $1.4b.
By any count AGO is alot cheaper comparatively compared with SDL. They are in production pumping out 6mtpa of ore now, and moving to 10mtpa by the end of next year.
The only difference is we are on the eyes of the Chinese, they are not.
We are pretty lucky to still have a takeover deal well and alive at these market conditions.
Can't say the same for FMS holders.
Can't wait to cash in the 57c and buy up AQA and AGO while they are cheap.
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