Gindaldon, if SDL JORC up what they propose, then they will be a monseter and shareholders will be handsomely rewarded assuming they can get the necessary funding CHEAPLY to complete rail, infrastrucutre etc etc.
BUT, they are a $750mn market cap company or close to at these levels - and thus, not a small littly fish.
They need to JORC up a significant resource to at least justify current valuations.
I respect GJ, and if he pulls the two off (GBG, SDL) he will make tens and tens of millions, but I always thought the merger was a joke.
GBG Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held