better than sdl one fifth the price

Consolidation over time to move up again.

SDL doesn't compare - 1b tonne target with no drilling vs SRK 1.2b tonne target at 62-66% of which a resource of 172mt at 62% has been confirmed by drilling.

Both in countries that have similar levels of sovereign risk. SRK have infrastructure nearby and are a bit closer to a port albeit the resource is up in the Andes.

Both have almost identical production plans in terms of tonnage, timing, capital costs, operating costs.

SRK own 68% vs SDL 90%

The only difference is that SRK is valued at 1/5th of SDL's market cap.

Doesn't make sense does it.

Broker targets of around $4.6 should keep this going in the short term.