Good news about developing african mining infrastucture here.
We all know that sdl could potentially have one of the lowest cost iron ore projects going around its the developement that has been the big question. Imo if other companies want to open up the infrastructure in west africa it can only be a good thing.
There was a lot of buying in sdl yesterday after the initial gap down, so there is no reason why it cant continue today besides the market loves massive liquidity. Provides plenty of trading opportunities..
Dyor
SDL Price at posting:
11.0¢ Sentiment: Buy Disclosure: Held