Hi Westcott, Good to see you back! And as positive and immune...

Hi Westcott,
Good to see you back!
And as positive and immune from reality as ever.
I agree with the concept that if funding is actually secured (secured an important distinction from your "announced" - even you will be starting to recognise the distinction) that work may commence.
Consistent with all economic indicators and market information I continue to assess the chance of actually securing finance as extremely low if not totally impossible.
However I agree with those (including you) who believe that infrastructure will eventually unlock the iron ore deposits of the region.
The winners will be the companies and stakeholders who are establishing long term tenure over the large high grade iron ore deposits in the region and are prepared for survival in the short to medium term.
Unfortunately for SDL holders the company has massive debts and spends more than a million dollars a month (think about that for a second - a lotto won every month out the door for a company that isn't actually building anything at the moment) which is totally unsustainable.
J9