It is pretty obvious they have secured more funding in order to sure up other Tenements and resource...and to delay signing any offtake/funding agreement as long as they can...that way things may have recovered and if more resource is announced they are in a significantly better position to negotiate a deal which will benefit shareholders.....the fact that they have been permitted to make representation to the chinese speaks volumes of things to come and the confidences that is growing....
If we see the shareprice stay or hover above ten cents next week we just might see a consolidation and a move up towards the next level which is around 13-15 cents..then it is not far off the next stage of 20 cents.....I think this time next year we will be above 50 cents
SDL Price at posting:
10.0¢ Sentiment: LT Buy Disclosure: Held
