Hi westcott I agree completely. Some posters recently saying SDL has only 0.75b tonnes. Then I mention billions of itabirite and their reply is idiotic. Producing concentrate at $40 and selling for $150 plus is not useless. Of course we know it is stage 2 paid for by stage 1.
So many companies cancelling projects ur figures could be correct even at stage 2 time considering where demand is going and where supply is NOT coming from. No mid west wa. Vale taking 10 yrs to ramp up in amazon. No west Africa means $200/t imo
Some poster saying they know about 7 figure loans and referring to car auctions re sdl! We just need board to take steps to appeal to non Chinese entities as per my last post. And refuse low ball bids.
SDL Price at posting:
10.0¢ Sentiment: Buy Disclosure: Held