johnfa you have missed the most important point in your post.You just don't get it do you see this is why i'm making money on sdl and your not.You state in your post that SDL is 3 to 4 years away from commencing production.what you don't understand is it doesn't matter that SDL is 3 or 4 year behind FMG. SDL is a potential takover target.SDL will be taken over long before they commence production.why because they have the goods a massive amount of iron ore.
and as for the market cap it's still very cheap compared
to FMG.
SDL market cap 246 mill
FMG market cap 5.9 billion
i would say the sp is going to rise much much higher target now is 30 cents short term.
johnfa you have missed the most important point in your post.You...
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