can this be a $1 stock, page-3

Hey MasseyFerguson

In a recent article Mr Casello was quoted as saying SDL will be a $4Billion Mkt Cap once the jv partner is finalized. With approx 2.8Billion shares outstanding, that would equate a share price of around $1.40.

Whether it's an accurate valuation or not will depend on the markets reaction to the jv partners and the nature of the financials.

One thing we can be sure of, is that FMG's share price rose significantly once they ticked off the DFS, JV Partner/Finance Announcement for a 40mtpa mine with similar cash cost and similar outstanding shares outstanding to SDL, :)