SDL are looking to invest directly or indirectly $3.3b on infrastructure to be worth $1.4b - I don't think so. I think once producing SDL's sp will be well over $1 putting market cap in excess of $3b and then some. As Westcott and others say they have only scratched the surface in regards to resource estimates. FMG have at least 5 years on SDL so give SDL 2 years to get producing + another 3 years for further exploration and then let's compare apples with apples.
SDL Price at posting:
13.5¢ Sentiment: Buy Disclosure: Held
