That is a good indication of how much to take notice of reports/people like that. They have No idea about what SDL have in the ground. No idea what is exported from Brazil in very large quantities. No idea what the Chinese want most for their steel mills.
As most of the Magnetite mines are failing in Africa and Australia, they try to say there is no difference between Itabirite and Magnetite. They have No idea what Itabirite is.
Regards Westcott.
SDL Price at posting:
9.2¢ Sentiment: None Disclosure: Held