Bobby, it didn't take long for the sp to be knock back on relatively low volume from 12.5c to sub 9c after hundreds of millions of shares were transacted immdiately after the Noble announcement.
The answer could be very simple.
Even IF (JUST HALF) the production status EV assigned (or indicated) by Sundance for Mlabam-Nabeba at $11 Billion say....$5.5 Billion (less than what China valued magnetite Tonkolili - hardly a world-class resource giving China a SAY), then....
For every $1 Million worth of SDL, those accumulating would get back $18 Million. $10 Million --> $180 Million
BTW, those guys offshore pay ZERO capital gains tax.
Is there free lunch ? Only time will tell.
You be the judge.
SDL Price at posting:
10.2¢ Sentiment: Buy Disclosure: Held