just a thought on sdl! Just received the AR in the mail today very impressed with the performance of management and staff at SDL. Looking at the mid year jorc increase in dso hematite to 415mt allowed SDL to 4cast annual iron ore production of 35mt for first ten years!
the tenement in Cameroon and Congo holds a significantly larger amount of iron ore than this and if they can get their dso hematite jorc resource above 600mt only a 50% increase you could expect annual production to break the 50mt level.
significant,y increasing SDL's annual profit considering their very low <$20 per to ton cash cost!!! As their annual profit rises so will SDL's EPS and share price!!!!
Expect to see some significant announcements before Christmas 2010 Including what is detailed above.........:D
SDL Price at posting:
30.5¢ Sentiment: LT Buy Disclosure: Held
