re: Ann: Completion of First Stage of Drillin...
I am wondering if we would we all be better off if SDL went into hybernation until demand picks up (say 12 to 24 months) and then started to look for off take partners.
Intresting question. I would say get the money now and you can always "slow down" the rate you wish to build the operation until the world market pick up.
Last time I looked at the P/L SDL have got enough cash flow to last about 12 months minus the exploration cost.
This is with current cash burn and SDL dont go on a speeding spree.
This is my view point -- DYOR.
SDL Price at posting:
8.3¢ Sentiment: None Disclosure: Not Held
