strategic partner update, page-45

the problem is that less than 12 weeks ago SDL were publicly stating that both strategic partner and mining conventions would be finalised by Q2 2011 (refer indaba conference presentation announcement dtd 29th March and DFS announcement 6th Apr).

To miss those dates in less than 12 weeks means there is a credibility gap. This credibility gap is driving a lack of confidence in the stock and impacting on the SP.

You guys can talk it up all you like but reality is that GJ and GC are over-promising and / or under-delivering. As long as that continues the SP will languish.