Pythagerous, forget about Xstrata, Core and the Chinese. In my view we the shareholders and Australia as a whole would be much much better in the long run should an Aussie company come into the mix with a take over or a partnership deal. The Chinese and the other overseas countries want to destroy the commanding position that Australia currently holds in the supply of iron ore. SDL and other African iron ore reserves could help break that position, which will ultimately mean less being paid to us.... we still need the amount paid now to help pay the resources and carbon tax. Come on BHP, Rio and the others.....we know you can afford a few billion here which might also help your profit lines in the future.
SDL Price at posting:
45.2¢ Sentiment: Hold Disclosure: Held
