shadowing fmg

We all knows that SDL will not going to be FMG2

but if you look at all the annoucements released by FMG over the years it make you wondering if SDL will be taking similar strategy..

FMG signed a contract with CREC "China Railway Engineering Corporation" to build the rail road on 23rd August 2004. nearly 4 years ago.

FMG signed sale contract with Hebei with prepayment of 10 millions, details attached
http://www.aer.com.au/announcements/2004/1006/00466215.pdf

FMG signed sale contract 20-year contract with Jiangsu Fengli Group with prepayment of 20 millions, details attached
http://www.aer.com.au/announcements/2004/1013/00467931.pdf

With that they secure 6 millions Tones of ores sales for 20 Years.. worth more than 3 billions.

FMG signed sale contract with Pingsteel with prepayment of 20 millions, details attached
http://www.aer.com.au/announcements/2004/1021/00470219.pdf

FMG annouce processing plant, port and rail on 5th Nov 2004
http://www.aer.com.au/announcements/2004/1105/00475601.pdf

FMG shares never look back since then

SDL planning to ship ore in late 2011 before ramp up to full production in 2012..

IF SDL following the same time line/strategy...We should be expecting a similar contract annoucement between SDL railroad builder... Might be CREC again.. since they have experience building major mining railroad and chinese heavily present in Africa.

and contract sales with buyers early next year.

DYOR...