you got that right,Swain needs the cash to start filling in there revenue holes.
I did similiar just before mining tax announced.Got into SPH for its African operations.
Bought into SDL today and will now hold.Its not todays price you,ve got to think about but this time next year.
If you look at SPH time to go getting into production and SDL estimated time frame you can see things get done in Africa alot quicker then here and that what the worlds interested in.NOT fiddly didly wishy washy stalling climate Australia has stumbled into.
Just look at the CSG sector or Uranium or off shore drilling and the list goes on.
This MOU is an indication that SDL is getting underway and I think we will begin seeing a flow of annoucements over the next 12mths that will bring us to production.
you got that right,Swain needs the cash to start filling in...
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