There would be very few companies with the expertise and connections SDL have. They have gone from start to present in about 15 months. I posted about 3 months ago I thought SDL would have many billions of tonnes of iron ore,I did not mean 2-3 billion tonnes. Look at the aero magnetic pictures of the present areas of drilling to be done.All areas of interest are high terrain. The UNDF thought 1 billion tonnes from very few drill holes of DSO.They did not say anything about Itabirite. The figures so far have been mainly Mbarga. Look at block EP92 the high ground of interest takes up about 1/12th of the prospect.Look at EP143 the new block.The high ground on it takes up 3/4 of the area. These blocks SDL have are in a belt of Iron deposits that run through 4 countries running from North to South. Block EP92 looks just like the tail running off the main body of high ground.
I can not see the Directors selling this for a couple of dollars.This in my mind is going to be huge,50+ years mine life.Just my opinion.
Regards Westcott.
SDL Price at posting:
26.5¢ Sentiment: None Disclosure: Held
