re: wait for direction from sdl board!:) Is that right Bardfast...

re: wait for direction from sdl board!:) Is that right Bardfast no drilling in the last 6 months? Is that right!

Not accurate information St Kilda?

Enjoy the read below!

I have tried to keep the image sizes as small as I can.

They are all taken from OFFICIAL SDL Announcements, so Bardfast can you please provide some evidence about your "recent discussions with Sundance" which states that no drilling has been done in the last 6 months? We would all appreciate it.

These images are taken from SDL's January Quarterly Review:


They has just mobilised 4 drills rigs at Nebeba.

Again from the same Quarterly Review it explains why the DFS had to be delayed, due to drilling delays late in 2010.


The on March 17th, SDL was forced to rush an increase in DSO Hematite Resource, 4 days before the Talbot family sold off their 18% share holdings, due to their own personal reasons to Hanlong, so that the market wouldn't panic!

This announcement, IMHO wasnt supposed to be made until all the drilling was to be completed, later this year! EG there is more to come!



AND more exploration was planned!






4 days Later! Hanlong purchase of Talbot shares announced!



Latest quarterly announcement again states more drilling and has a picture of the drill rig at Nebeba!



There has been and will continue to be more drilling in order to:

1. Increase the amount of JORC Reserves which is what Financial Investors need to lend against(as an asset)
2. Increase the overall amount of DSO Hematite which is what I have been saying for a long time now!

Just hold tight and wait for Mr Casello and Mr Jones to inform the market OFFICIALLY!

Cheers Nectar