The thing that will have a pretty major impact on the SP will be the announcement of the offtake/finance agreement which we should all know about by the end of this quarter and it should be finalised by the end of the calendar year..we also have some more announcements on resource upgrades coming..
The close we get to production the higher the SP should go as investors become more confident in SDL...i would be surprised to see the SP move past 1 dollar by the end of Financial year...I especially look forward to the resource upgrades as i think there is a litle suprise packet in there.
SDL Price at posting:
52.5¢ Sentiment: LT Buy Disclosure: Held