I hope both companies go ahead as planned. You are right, if everything went to plan, SDL would be bigger than BRM but IMHO, BRM stands a far, far greater chance of making their 2012/2013 production plan.
There are huge differences between the two but one is a far safer bet IMHO. BRM already has 80cent in cash which does not mean much down side. However, SDL could go below 1 cent if everything does not work and funding does not come in the next 12 months.
SDL Price at posting:
7.6¢ Sentiment: None Disclosure: Held