George has previously said that SDL shares are worth a lot more than 50cents. I did not say George has mislead us. Read what has been said by company Directors about the share price and how it is way too low for what SDL has,and will have.
I did not bring Georges integrity into it.
I said I would be devastated if they sell the Company.
I can not remember if I even spoke about George Jones in my post.I believe I spoke about Directors and Management.
Call me low,call me selfish if that pleases you to do so.
I take people by their word.That is how you sort out the very good companies and the also rans. That is why I have been so one eyed about SDL as well as the fact I believe in the projects that SDL have.
I do not think for one minute that SDL will be sold for under $1.00 per share.The total iron ore in the Mbalam tenement regardless of the infrastructure that is needed is worth more than $1.00 per share. How many companies do you know of that can pay back over $4 billion in around one year of full production at around $lets say $150 per tonne?
Low-selfish Westcott.
SDL Price at posting:
49.5¢ Sentiment: None Disclosure: Held
