I want to believe that, but the next twelve months will be crucial towards the sentiment of the project. The Infrastructure provider could be facing the prospect of SDL being its only customer.
There could be a lot of mines over the next twelve months that will fall foul of the correction in prices. The so called shortage by 2020 could easily be bought on the cheap so Africa might not be so pivotal to the chinese after all with the high infrastructure costs that will be needed. They will be like a kid in the candy store.
I just cant understand this latest decision for the directors to give away so much of the company for $40M. I say $40 Million because if he takes over the whole show he is getting his money back.
Like I said I want to believe but something just does not add up IMO.
Cheers
SDL Price at posting:
8.4¢ Sentiment: Buy Disclosure: Held