fundamentals very strong, page-8

bloodymarry - you mention target sell price. Depends on the milestone you are comfortable with. Look at FMG. I would suggest you look at the key catalysts to make a judgement and then decide what your appetite is. Offtake/finance - leads to reval, production up again, - rapid expansion post production - 5 years out.... you get my drift. I think it will be progressively higher as SDL evolves.