I dont think any of you understand iron ore at all. When a company has not drilled one single hole and have just regurgitated data from the 70's I question the companies ability to actually produce results.
You all think there is over 800mt of ore. Based on what? Certainly no drill results. Just data from the 70's. Iron ore certainly does not decay over time you really think Im that stupid. As for giving me data about the quality of ore. What the heck is that based on. For god sake its in the middle of the jungle!!
The share price has had a good run in my opinion based on sprooking the blue sky. $1 share price would mean its capped at over $1.5bn. Get real.
SDL should not be trading anymore than 20c. At 40c+ I would not stop selling it.
I think everyone should do a little more homework on iron ore.
SDL now has to come up with the right drill results to begin to prove up this iron ore jungle ore body.
Good luck!
SDL Price at posting:
0.0¢ Sentiment: Buy Disclosure: Not Held