sdl - a possible target for vale?, page-2

Thanks JOe for your information. Yes, it is possible Vale could take over bid SDL in the near future as they are trying to take first place before BHP and Rio. SDL is not just explorer level now. SDL is very well advanced status and close to Production. And it is still very cheap and under value if compare with other rivals. And also first mover of Iron Ore province in West Africa. Africa is geographically in strategic location between Brazil,Europe and Asia. It is very possible the big boys will have eye on it. They will never miss the chance.