The GFC has probably resulted in about 18-24 months delay for SDL in regards to the Mbalam project.
Another phase of the GFC would only add more time to the delay, but not prevent the project from going ahead.
Production has been delayed to 2013, another phase of the GFC would then push that out to 2014 or 2015.
Iron Ore is quickly being considered as a scarce resource like oil, uranium, copper, etc.
In regards to share price, without doubt excellent value for money at the moment.
Butchy.
The GFC has probably resulted in about 18-24 months delay for...
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