That is correct
But my understanding is that the infrastructure is not going to be fully funded by them, there are some other project in the region which may share this cost.
Oh yeah, Warren Buffets golden rule "Don't loose capital"
Selling now would be blatantly breaking that rule, I don't know about anyone else but I don't want to get Warren mad...
You haven't lost anything until you sell.
When the resource if finally proven up does anyone really think it wont skyrocket??? Talbott wont be looking to sell any time soon
Do they have Fe, almost certainly, going to a hell of a lot of trouble with infastructure plans etc if they don't...
I would be careful doing that
Personally I would not, just be aware of the risk, i.e. you sell, and price jumps back to 25-30.
All the best with your plan though if you decide to go for it
I don't think its as dire as people are making out. Its just a rough patch, if you can afford to stick around a little longer I believe the rewards will be plentiful.
A great time to average down...
But this is just my opinion and obviously there are risks
I find it confusing how people sentiments over SDL are constantly fluctuating.
Nothing has really changed, sure there is a risk, but its the same risk we were facing months ago. Before the merger people were talking quite positively about SDL and suddenly its a dud...
This share still has...
This site uses cookies to help personalise content, tailor your experience and to keep you logged in if you register.
By continuing to use this site, you are consenting to our use of cookies.