If GBG still wants SDL then let it be 4:1 (or 5:1) not the 2:1 crap that was floated last year. The drilling suggests that we shouldn't be getting hard ons over whatever SDL have in the ground.
Regardless of the nouse the GJ has, the proposal last year merely gave a huge free kick to traders. The SDL drilling has failed to live up to expectations. We shouldn't contemplate a merger or takeover until the pricks have a JORC resource.
BTW. to other posters. I was citing $4, $5 as a min. This thing could be anything once it starts producing in a bit over 2 years. I actually think $9 is realistic in the longer term.
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