biya, page-7

Thanks for the replies guys - very informative and good to get others opinions. Was thinking change could be more positive than negative, but I'm very one eyed on all matters SDL.

IMO I can't see any done deals being unraveled when a new leader takes control. The continent is starting to embrace mining and with the economic benefits of the industry it would seem to good an opportunity for a struggling economy to pass up. As mentioned, we are still 3-4 years away from production and this will have played itself out by then.

There maybe some short term pain which is not an issue for me, but I figure with political uncertainty already priced in, there should not be too much impact - unless it goes Egypt on us. As the election draws closer we will learn more and more about possible future leaders and policy so will be an interesting few months. No doubt SDL management will be doing all they can to ensure a secure future, so I would imagine we will hear something from the company regarding the change either before or shortly after Nov 11 and any impacts on the company. The company should seek to reassure SHs and the market in general when something like this happens.

As SDL is a pioneer in this region, removal of political risk would really boost the share price IMO - thus why I'm holding through to production. Most won't believe the risk is gone until profits are made, but every piece of government backing SDL gets in the meantime is a step in the right direction.

Thanks again
Beef.