some basics - sdl vs. fmg, page-56

Hi sohoisnotforsale, and others,

I hold SDL before and until now.

I started getting sizeable SDL stocks early 2009 and accummulated more on the subdued SP levels over time (with practically very low average SP for the whole portfolio) until the plane crash of the whole top management. Caught up on the trading halt from that time, but managed to hold my peace until it went up to the 65+ cents level. However, I believed on the potential of this Star IO Project - SDL, so didn't sell.

But when it kept on retracing down (from the highs), i offloaded my original $$$ to pull out to safety (on SPs of 59c, 55c, 49c and 43c) - leaving the majority of my holdings on play (as play money category). It's not fantastic for the remaining holdings (in regard to the rate of return per unit time) right now (however, overall still on the ++ side, so no problems), because I believe it will eventually move up again.

My postings have no motivation, except to "try" to establish a sort of baseline to anchor or act as reference to what SDL could possibly achieve going forward. I was considering the SinoSteel Midwest as a reference point (instead of FMG) but still SinoSteel is just a bit more advanced than SDL, and had not gone through a full operational mine yet relative to what they were previously aiming. So kept FMG as the reference point.

I am not sure if we have any African Apple to compare with SDL being another future African Apple yet. So our choice would be something ambitious originally, and many people didn't believe that it can be done, when AF of FMG tried to present FMG as a future force in IO then.

Same as SDL. SDL management is trying to present SDL as a future force in IO, from another location/continent outside of the known ones already. So in that regard, there's a lot of parallelisms or similarities between FMG and SDL.

Should anyone has a more appropriate comparison to SDL, please feel free to compare, as I will be very interested to know the facts around the details and numbers. I'd love to see another set of comparison, believe me.

As an investor, I believe in looking at all angles, all opportunities, all upsides, all downsides, all possible sources of successes and failures/mistakes, and all possible things that can go wrong on a "spec rated" stock, and all things that can go right as well. That way my vision and emotional intelligence are not hindered by either the optimistic hopes or pessimistic views of people around me.

So the above chart is just one of my things to do when I am serious about the stock I get into. You can ignore it, or maybe have some look at it. If it helps you, then that's your gain, but if it warns you, then that's probably minimising your losses. There is nothing more to it really.

Cheers guys,

RVINTL.