You are 100% correct tic, However this has been the case for a...

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cabmerlo

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16/11/17

05:05

Post #: 28834817
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Originally posted by tlc2008 ↑

Its because the Chinese want a higher iron ore and SDL have it and because of the Hanlong connection. To decrease smog in China steel mills are being closed by the government. FMG are looking for other markets mainly Europe as they have noticed China aren't buying as much low quality ore. People need to be advanced dot joiners to see where SDL will go. It's obvious the current big investors like Noble want to make money and the Russian financier. The respective governments have skin in this ie Cameroon and China. Remember this will happen within the 6 month extension that was granted to SDL. I guess the downrampers will be at me on this one. Let's wait. I give them 20 minutes.

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You are 100% correct tic,

However this has been the case for a long time. It is strange that there is a tick up in buying now.
Considering there is 2 months left and the company has given no indication that any advancement has been achieved.
One can only hope that as with the past this leaky ship has made some moves and the shareholders are the last to know.

Last edited by cabmerlo: 16/11/17

SDL Price at posting: 0.5¢ Sentiment: Hold Disclosure: Held
8 Upvote

0 Great analysis

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You are 100% correct tic, However this has been the case for a...

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