re: Ann: Maiden 200 Million Tonnes Resource f... Westcott is the man, but it looks excellent to me.
They were planning to announce 200mt in July, but they got there ahead of schedule - plenty more to come I suspect.
I love the talk of build-operate-finance packages - let SDL focus on the iron ore, and pay someone else to provide the infrastructure. With at least 2/3rds of the capital cost in Port & rail, SDL's debt/equity requirements will be *much* lower.
SDL Price at posting:
13.0¢ Sentiment: LT Buy Disclosure: Held