Folks
I find this talk that keeps going around about time tables and the mighty SDL management that won?t let us down interesting. Almost goldfish like, lets say rather than 3 seconds maybe three weeks.
Just about everything SDL Management have said in the last 18 months has been proven wrong except the resource which we all hope is correct. Even as recent as the August investor presentation they stated the mining license would be approved, now no mention. in the annual report GJ gives just about an iron clad guarantee it would be prior the end of 2010, which was to be the last quarter of 2009, and then the first quarter and so on, to now be as rightly pointed out on the charts as second quarter 2011.
If this was a genuine operating stock you would have had six consecutive quarters of failed deliver from the Management which would be disastrous for the stock.
They need to learn to make clear, concise and achievable statements and hold themselves to that. I realize they have had a major tragedy however there are a lot of others that have continued on and yet we continue to fail. As to the little switch aroony to the Chinese finance brokers without saying they had bumped the incumbent due to the failure to line anything up.
Very short memories, over all I believe in the asset, those that are in love with the romance of SDL and the Management, good luck. Lots of nice people at centre link, maybe cash them up and see if they can make you some money at the RSL on the pokies.
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