At the moment SDL is hot property. Risen solidly closing on high of 40c bodes well for next week.
I am more interested in the fundamentals of this stock. I have seen a few valuations that are well North of where we are currently. I guess for me getting my head around an explorer with already a 1.1b market cap plus takes some things.
SDL's resource is Massive with low costs and a long mine life.
Interested to see a few details and thoughts of others as to the uniqueness of the situation particularly on the eve of a potential partner anouncement. Having hopped aboard @ 355 last week SDL looks to have a bright LT future upside for shareholders.
Low cost high grade long life = Fat profits.
SDL Price at posting:
40.0¢ Sentiment: ST Buy Disclosure: Held