My understanding is that your using DCF analysis to get your possible SP prices?
What affect do you think the 3-4 year construction period will have on SDL being able to achieve your price target?
I can't see your price target being reached upon a JV deal when the market and it's major players know just how long it's going to be until the first IO is shipped.
Your thoughts would be appreciated.
Cheers!
SDL Price at posting:
10.0¢ Sentiment: None Disclosure: Not Held