seems nothing cooked yet, page-68

Hi Desvend, I'm pretty content with my holdings with SDL. I had given some consideration post MMK debacle of selling, but I like many see the potential of what we have. I'm constantly amazed when I look @ our location & simply cannot comprehend that we are surrounded by other IO players, admittedly some with distance from us, yet we still have nothing.

I would happily buy into the argument that these processes take time, but as you can see from SDL mgmt, they had a failure, yet managed to reform their ideas about how to move their product. They have managed to engage with gov's, financial parties & now possible tender outcomes & still keep us informed.

I topped up my SDL a couple of weeks back & now have a broad spread-I'm content, and happy to see how quickly sp moves on rumour, which thus far has been reflected in announcements later with justification.

Remember we had Kennedy spruik a pending outcome back in nov, since then the market has done nothing with our sp. as we all know the IO players in WA are a chatty lot, gossip moves quickly. This is why I think we have been lied to, there is simply nothing to reflect gossip in the price atm:(