It was when the swiss franc was unpegged and Greek debt. - I was un clear of how it would pan out. I was really worried that the euro would let it self sink. But it turn on the printing press and just delayed the crisis for a short time.
This means the world can now breathe a bit better before the crash. But this also meant that funding i felt would not come from Europe.
The only place I can see funding coming from is middle east and Mr King has contact in that area.
But i feel it still a high risk. It really up to the project team to convince people to invest in SDL etc. The good point about the middle east the decision is made by couple of people. So it will be quick unlike a board etc.
But there are many factors - railway port etc..
Mr King has to convince the investor
So what is this investor getting for his ROI and how protect is his ROI.
I have always loved to trade SDL and stocks like SDL - because this stock fueled by sentiment.
People are not making stock choice by facts but what may happen in future.
Warren Buffet would not touch this stock... But he is a true long term successful investor.
I hope i have answered your question.
PS. when trade 2.4 cents to 3.3 cents, that enough for an oversea trip in profit.
Hence every cent up and down counts for me. (Hope this make sense)
