Butcher your expertise obviously lies in the prime cuts and not determining the true value of SDL, its resource, and potential first mover advantages in this new and growing region..
"Without these guys you would be sitting on 20 cents"
The above what if scenario could very easily have swung the other way..and if Hanlong had not gotten involved and caused all these delays we could have potentially already been in a JV or offtake agreement/Finance agreement and the SP could be up over a dollar.
In retrospect the discussion on this appears to be all academic as the writing is on the wall with a takeover, and given Hanlongs 19% shareholding and managements support a majority would be carried if a vote was taken...
SDL Price at posting:
43.0¢ Sentiment: LT Buy Disclosure: Held
