sell sdl all day long

This market we are in never ceases to amaze me. I just cannot see how SDL can be trading with a market cap of around $700m. Can someone please explain this to me.

Lets look at the fundamentals:
Not one single hole drilled
Tenement in Cameroon (voted number 1 as the most corrupt country in world to do business in)
Possible 700mt magnetite/hemetite in the middle of the jungle.
218mt of inferred resource which is from old data back in the 70's.
No idea of grade or impurities such as SiO2 or even worse FeSiO2.
It could take SDL the best part of 9 months to get any sort of JORC resource.
500km or so from the coast. Is there a port? I dont think so!
This is going to require $3bn+ to fund infrastructure.
Please correct me if the above is wrong but I doubt it.

Its laughable that people on this thread compare SDL to FMG. Obviously people with no iron ore brain cells.

Wake up people SDL is a sell. Notice the options getting exercised on a daily basis. Converting 20m options at 3c. Lock in a $8m profit. Why would you hold on. You would sell them quick smart. $700m market cap is a little too rich for me.

Sell SDL!!!! Before its too late!