hi! Suporex
Now, we can see SDL is more attractive formula for Chines investors now.We never know Sino is already shifted their ship to Africa from Australia now. Geroge mentioned last time, the 5 big guy came on board recently. That $ 2 Billions cost for Murchison development it can buy out more than 50% of SDL's stakes easily.
SDL got same amount of iron ore as Murchison even more in the near future. SDL's drilling is only scratched the small area and they already found over 450mils tonnes of DSO and over 2.5billions of Itabrite ore. SDL is holding permit for huge tenements. SDL is not control by any big boys.
Chinese and Africa government are in very good relation. Africa government is very welcome to Chinese Investors to invest and develop their untapped huge potential resources.
They know that they need Deep pocket investors like Chinese come and build their infrastructure, jobs, education and economy.
Very low labour cost, no mining cost, no carbon tax, not annoying by Green for environmental issues. So, it is very clear that which option is the best for the investors. Exciting time a head not very long. Good luck guys.
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