Thanks for your information. According to that news in India, they will reduce export of Iron ore from India in the near future. They will reserve for their new generation and country's domestic use. China is relying on Inida's Iron Ore a part from Vale,Bhp and Rio. China is still looking for the chance and invest to secure Iron Ore reserves in Oversea Countries. Their domestic Iron ore is very Low Fe and high cost. They cannot rely on that for the long term. So, where else, they can find the huge reserves of Iron ore besides Brazil,Australia and India. It is Africa. It is still very cheap labour, cost and huge reserves of Iron ore and very high grades Fe like Brazil and Australia. Chinese are very good in Business and long term investor. Definitely, they are eying on Africa's resources. I would like to remind your guys again. 1. SDL's has Huge Reserves of Iron ore with very High Grades FE. 2. Huge potential of DSO on surfaces. No need to dig too deep. 3. Only dig 13sqm of over 1000 sqm land holding. 4. Already prove of over 2.5 billions tons of reserves 5. First mover in West Africa port, rail and producer. 6. Cameroon and Congo Government are fully support the project and very keen to see the project will support jobs, education, economy and Infrastructure for the country. 7. Convention,Mining Permit,Offtake/finance and DFS are on the way. Not very long at all. Just around our corner. 8. Not only we know how potential of SDL but also Institutions Investors and bots know as well. 9. They are trying to shake the tress and pick our fruits whoever cannot hold tide. 10. The time is more closer the more they are shaking the trees to pick the fruits as many as they can. 11. Hold your hats and keep holding very tide. 12. We will have very full baskets of Juicy fruits soon.
Good luck Iron
SDL Price at posting:
29.0¢ Sentiment: Buy Disclosure: Held
