Sdl my favourite stock here's why
1. Tenders due 30 nov
2. A positive tender will mean a significant rerating of stock!!!!
3.gj donated 10odd mill to charities last year he is not here for the money he is here to finish the job that was started for the Africans for the shareholders and for the board gone before time.
4.significant slowdown in cash burn rate as drillings stopped due to finding enough high grade ore to strike a top 3 world class mine into action.
4.a. They know they have plenty more ore to find but they don't need to prove anything up they already have 99bill worth of high grade ore discovered.
5.their isn't a mining giant in the world that doesn't need to be part of this.
6.clearly non holding down rappers are on here paid to team up and talk the book down good luck and hope your bosses tenders are bid high enough to secure tender agreements in this resource
7.either tenders/ grouped tenders are coming or a takeover
8.sdl giving away 50% of project once in production will result in eps of 70cps to sdl alone at current fe prices
9.remember fmg not many believed in Forrest either
10.remember the bci fmg rail deal you don't think sdl will look to do similar company making deals for themselves and other parties.
10.a a 10c sp looks cheap when the sp is 12 or 20c
11. If gj pulls this off their will be a significant sp rerating
12. Again they will tender or takeover it's to bigger project not to fly
13. Gj looked healthy and happy and relaxed at the rrstars ,read between the lines he is going to probably pull this off!
14. Always way up risk and reward IMO the reward far outways the risk.
15.company said 3 weeks ago their will be no capital raising
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