Thanks for your posts. I am heartened to read reasoned, intelligent discussion on the forum rather than just name calling and hype (in both directions).
It is stil speculative.
SDL has held up well over the last couple of weeks. (Check ADY, FNT, NAV, CUL) Confidence means a lot right about now.
The resource looks damn fine.
Capex spends will not be a problem if the resource is proven.
Charlie Aitken wrote an article in Alan Kohlers Eureka report this week which he shows projected use of certain resources and energy over the next 25 years. In short the projection shows that globally use of the key industrial resources (Copper, Aluminium, Iron) will outstrip ALL PRIOR WORLD USE. Its worth thinking about that for more than a second. There are massive structural changes afoot.
Cheers
SDL Price at posting:
0.0¢ Sentiment: Hold Disclosure: Held
