"....BTW, do you recall reading somewhere that a mine EPC solution has accompanying debt funding ? I swear I did but can't remember...."
Matt,
Apologise for the delay response. I found this in the Patersons report:
.....Ore processing plants and associated infrastructure tender to be awarded: SDL has received three proposals for the construction of the mine plants and associated infrastructure. Indicative prices from all tenders are in line with 2010 DFS price estimates (US$1,237m). We note, each proposal has come with a different funding structure which has extended the amount of time SDL requires to analyse the tenders. After the selection of a contractor, it is expected that a front-end engineering and design (FEED) study will be completed and generate a fixed-price contract. This process is expected to take approximately six months and could potentially be a catalyst on the share price....
Cheers.
Pikapika
SDL Price at posting:
8.2¢ Sentiment: Hold Disclosure: Held