Direct talks with China regarding Howlongs shares which in theory they have funded is one major reason.
This announcement clearly sets SDL apart from other similar projects in the Area that have struggled and which a certain poster is forever trying to make comparisons..35t to 40t pa is significant and improves the project dynamics...Resource size continues to grow and provide further certainty that securing Funding will be just a matter of time....again SDL has enough diversity in the size of the resource and the other project dynamics (revenue generating infrastructure) to move this into production.
There is still plenty of upside on this one for shareholders....remember the SP has been scrapping the bottom of the chart for a while, with IO prices at an all time low, it can only be up from here....
SDL Price at posting:
2.1¢ Sentiment: Buy Disclosure: Held
