I hold SDL. It seems to me that SDL keep ticking the boxes and I think they are astute enough to know that time is not their friend... they have some cash but it won't last forever. Last time I looked they had (a) defined and announced a stunning (as in world class) resource ... tick; (b) addressed some soverign risk issues by aligning govt involvement ... tick; (c) had discussions with obvious parties with an interest in non-mainstream supplier IO source...tick. Project finance... Cameroon seems to be the centre of all sorts of new mineral exploration projects and the govt very active. I would expect a half decent off-take agreement will solidify any project financing requirement (maybe current BHP IO price negotiations will be a catalyst)...tick.
Wow, more ticks than a mongrel dog!!!
My take... good buy and bounce (IF ANY) will not be far away... SDL can't afford to.
I am not an adviser...DYOR
- Forums
- ASX - By Stock
- wow so quiet here
I hold SDL. It seems to me that SDL keep ticking the boxes and I...
-
-
- There are more pages in this discussion • 5 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add SDL (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
SS1
SUN SILVER LIMITED
Gerard O'Donovan, Executive Director
Gerard O'Donovan
Executive Director
SPONSORED BY The Market Online