a case study in takeovers, page-12

Yes Westcott, I have researched them.

No I don't hold any

I think it's interesting that you tend to go on the attack as demanding to hear what others think/know about valuation given you routinely mix-up Resource & Reserve numbers, or quote stats based on partial information (such as cost/t on the small DSO portion) rather than the total ore-body. Not to mention your recent claim that SDL will prove up over 10Bt

You are blindly ignoring the market view that at 33.5c the value risk to SDL is clearly to the downside - even prior to the announcement that the terms were being revisited