gindalbie seeks buyer for loadestone, page-5

Gindaldan,

I do not hold SDL or FMS but am just wondering how SDL who is in far away Woop Woop with the project not even a quarter as advanced as GBG has MC upwards of a Billion dollars? Ofcourse, it is under TO talks but still, it is valued at twice of GBG who are almost on the verge of starting their first regular supply soon (not sure when).

Ofcourse, the sentiment towards GBG has soured due to all the uncertainty about debt funding and all that but still beggars belief that we are under half in worth than SDL (and just 2.5 times FMS).

I have taken this as an opportunity and have been buying small quantities whenever I have had some excess funds. But am really confused at our MC and our sp.