The big difference with MFMg is the had Chinese and American and various other major finances backing it. this wil be veyr muuch Chinese driven. I wish a diverse range of ntions could be involved but I doubt it. Chinese need to use their yuan to stop it appriecitaing more than it already is/needs to. Hence Chinese buying up everywhere. They have a strategic plan in Africa and SDL is at the forefront of that. This is good and bad for sdl shareholders. Good as we KNOW it will get up and get DONE with the Chinese on board. If anyone can build a railway line in a reasonable timeline they can! It will be built faster than we could build it. The Chinese buyers/investors (Hanglong etc) now though could not give a rats arse about making profit from the sp. It is DB/JP Morgan and the like who are interested in that. Shorting and going long etc. Chinese are interested in LONG TERM price control of iron ore for the next 30 yeas. That is it.
Owning or controlling SDL is a crucial part of that strategy.
HOLDFOR NOW. DO not expect thse prices for long but do not expect 1.00 soon either! 75c-85c tops if and tha is IF) the XJO moves and the so called sophisticated investors decide to go long! THEY are in control now and in the medium term future of the sp, not long term fundamentals!
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