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indigo - my opinion is that the big boys are not interested in...

  1. yowie013
    629 Posts.
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    31/07/11
    17:05
    Post #: 8752112
    indigo - my opinion is that the big boys are not interested in it because it is not that big. a DSO reserve of 250mt is small fry, and they are not remotely interested in low grade itabrite or any other low grade resource - what sam walsh refers to as the equivalent of rio's 'waste'. this is not a tier 1 asset and so the big boys just aren't interested. there is no other logical explanation.
    SDL Price at posting: 52.5¢ Sentiment: None Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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