Reminder to all SDL faithful shareholders. Good news may be coming soon.
Extract from SDL power point slides presentation at Pan Pacific Hotel, Perth Western Australia on September 3, 2014 Where to From Here •Award the FEED study for the mine plants and associated infrastructure •Award the EPC for mine plants and associated infrastructure •Confirm project equity and debt structure •Negotiate term sheets •Achieve Financial Close •Continue to maintain our social licence to operate in-country •Mota-Engil to commence construction
2H 2015 Financial Close
Early 2016 Begin Construction
Late 2019
First Ore on Ship +10 years DSO Production
+15 years Itabirite Production
SDL Price at posting:
5.0¢ Sentiment: Buy Disclosure: Held