Belkingreat post.i would just like to add on the point how BB...

Belkin

great post.

i would just like to add on the point how BB constantly says
"and how on earth is sdl going to fund $2.5bill CAPEX".

it sounds like it is just virtually impossible for sdl to come up with that money.

you simply look at FMG, they did it. MMX, are doing it. Midwest Corp are spend $3bill.

and it is not like they could not pay of a bit of debt they will be having a operating MARGIN of ~$850million per annum so it would only take a couple of years to pay off any debt, assuming they go half debt, ie $1.25bill.

this is all assuming they get to production,which i doubt, as i believe they will become hot property once they prove up a jorc resource.

all i can say to butcher is that we have all being making lots of money on sdl while he has been bagging it, and at the the end of the day making money is making money. i wouldnt care if i made money on fact, speculation or what ever