Re the finance issue. At present they have NO NEED FOR ADDITIONAL FINANCE. They have significant cash on hand to progress the project through resource definition and BFS.
Look at their cash position.
Read the SDL reports...you rumour mongering nong!!!!
And then consider where FMG got their cash from, and Merrills and Citi .....there is cash available for sound projects.
The Chinese are desperate for iron ore long term, and the board of SDL have significant relationships with the Chinese if what I have read in their reports is corrects.
Do your research, and give us some facts.
SDL Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held
