possible clue to asset sale price , page-12

Hi copperhead, i am not preoccupied with the share price (I love it though). It tells ME nothing at all other than the phenomenal profits of those who are accumulating the shares.

1/5 of previous bid price....I don't think so.

The ndrc (who just published an official mini white paper of why China must allocate funding to assist SOE to acquire - unnamed - common sense and evidence woud suggest could only be mlabam-nabeba) has paid and/or valued :

1) tonkolili (high cost, low voume magnetite mine of no strategic consequence) at $6 billion = 20 TIMES present SDL MC.

2) simandou ($20 billion Capex monster that China owns a minority stake all-dressed-up-but-going-nowhere) at $7.2billion = 24 TIMES present SDL MC.

3) minmetals and Wuhan sniffed around and walked away from IOC perhaps amassing firepower for the real fight elsewhere :) (a magnetite tier 2 asset that a major - Rio - doesn't want at 18mta) valued at $6 billion = 20 TIMES present SDL MC.

Our SDL management who has been involved in extensive discussions and negotiations (involving advisors) for many months with potential partners and asset suitors over a multi-billion EPC securely funded by commercial offtake contracts value SDL EV in production status to be $11 billion = almost 37 TIMES current SDL MC,

All things (IMO) points to a very fishy share price behaving very fishily.