All sounds promising. The $2.5bill needed to get the project out of the ground bothers me. Rights issue or the like? 12.5bill shares @ 20c ?? I dont think so!!! Borrow? Gross revenue of $900mil/year would help to repay debt but would any bank lend SDL that much on the strenght of their resource alone. A partner on some of the infrastructure seems a possibility, but management seem to go it alone. Love to hear any thoughts from the bean counters out there that know about these matters. LOL to holders. We seem in for a good/interesting ride and we just might make a few bob as well.
SDL Price at posting:
0.0¢ Sentiment: Buy Disclosure: Not Held