perspective

Hi Everyone - the tone and content of posting over the last few weeks has been concerning, mainly in that basic information is being missed or misrepresented.

For what it is worth - and I will try not to repeat what other quality posters have pointed out:

1. There was no promise to announce DFS. Only that the DFS would be completed.
2. The SP does not necessarily have to move up on a concerted buying effort if it is one or two key parties. They have brokers that will churn to get a certain price. SP moved up a lot when we have competition via a number of parties at the same time - retail investors etc...
3. Those who have accumulated WILL move the price upward. Make no mistake, it wont take much given the pivot point we are at.
4. .47 is a ket technical point where we have no selling and no buying. It is dry and ready to move.
5. There is a mind game on now between traders. Traders look to "buy the rumour sell the fact" and short and go long, without fundamentals much entering into the equation (mid to longer term). The risk here is that there is no way of knowing how much interest there will be from instos.larger investors once they have an official DFS in their hands. We also have little idea when the finance/offtake trigger will be pulled. Not when you think - is the answer. Always expect the unexpacted.
6. Fundamentally - SDL will be one of the largets low cost producers and infrstructure owners of the new Pilbarra.
7. Remember, Hanlong are interested in financing options. They have announced this already. They also have the money $5 billion. Are they fronting a bigegr Chinese concers here? Think about it.

Do your own research - as many of us have for years and make a decision as an informed investor. Look forward.

This is worth repeating as a bit of noise at play in this forum.