SDL sundance resources limited
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From AFR's today, Brazil could put a tax on Iron Ore cargoes, to...

  1. bigstar
    1,195 Posts.
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    10/02/10
    11:03
    Post #: 6311245
    From AFR's today, Brazil could put a tax on Iron Ore cargoes, to lure investments back to domestic steel plants, to create local jobs, etc...

    meaning there'll be increase demand for Iron Ore in other parts of the world (good for Australia and of course for SDL).

    SP: IMO, 12 cts seems a bottom and it's a screaming buy for those who sold at that level.

    Cheers - BS

    SDL Price at posting: 12.5¢ Sentiment: None Disclosure: Held
    Likes Created with Sketch. 2  Upvote
    lightbulb Created with Sketch.  Great analysis
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