It is smashing through resistance and soaking up volume I think we will start to see traders relenting and just hanging on for the big gains that seem to be materialising. There has been some big $$$ flowing into the stock in the last week.
Just some numbers but here is the reflective sp on differing values placed on the in ground resource as it currently stands.
Sp 17.5c = 36c
SP 35c = 72c
SP 50c = $1.02
Sp 60c = $1.24 or US$1 (same valuation as for the Anglo /MMX Deal)
This sort of appreciation is clearly possible this calendar year if partnering and finance is secured.
SDL Price at posting:
17.5¢ Sentiment: Buy Disclosure: Held
