On the topic of finance and securing strategic partners, I know that there are a lot of shareholders that are somewhat nervous and impatient about achieveing this.
My take is that SDL got burnt back in 2007 when everything fell through, and although it was somewhat of a dissapointment at the time, it might actually turn out to be advantageous to SDL, as they have now got a better understanding of their project, which gives them more bargaining power when negotiating with strategic partners. They will also be better for the experience, and will take their time this time around to make sure that they get the best possible deal and dont make the same mistakes they made last time.
With this said, when do you think we are likely to see an announcement regarding strategic offtake partners?
Also, do you happen to know what Ken Talbot's average Share Purchase Price is? I have averaged 16.5c and would be interested to know what his is.
SDL Price at posting:
12.0¢ Sentiment: None Disclosure: Held