Hi Matt747.... As I have asked others (without response), your investment is in SDL, not the Cameroon, ROC or Chinese govt. How do you see your SDL holding being benefited from any so called struck deal.
Hi donedeal, you asked me a lot of questions. I have addressed most of them in my last 4 posts.
Of course, all has to depend on project level financial close which I am hopeful is near.
Rule of Thumb: EPC financial close DEPENDENT on Mine financial close.
As you can see, even an ultra conservative assumption of a Indian Ministry of Finance government supported bid for Mbalam-Nabeba (not at 50% BUT at a tiny 7.4%of the Afghan IO project budget) being slightly bettered by a China response at $US 1 Billion (at just 71% and 59% of the Hanlong revised and original bids of $US 1.4 Billion and $US1.7 Billion respectively) or around 20% of the incentives promised to Liberia conditional upon China securing the rights to exploit the Wologisi resource...would deliver many multiples of the current market cap.
Cheers.
SDL Price at posting:
1.2¢ Sentiment: Buy Disclosure: Held
