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I see a basic story unfolding here which explains things in my mind about how the company's share price has evolved.

1. Economic expansion in China and India is continuing and expected to be a long term expansion.
2. New developments are coming, but the supply side is needing to keep up with demand. This creates price and supply pressure.
3. China needs to ensure its own economic future free of US interference - just look at the situation with oil and how the US are seeking to control the Middle East oil supplies with their foreign policy. This is not a good strategic outcome for China, so the same can occur in other key areas, like iron and coal.
4. The Chinese basic strategy is to buy and take interests in new developments, in part to stop the major players from ensuring massive price rises. Buying an interest also ensures supply, despite the cost. Its a risk minimisation strategy to ensure their economic freedom.
5. The Chinese have invested in Africa strongly and so SDL in on their radar. To the south of SDL is another major Iron play with the Chinese involved.
6. Whilst SDL is in its infancy, it is possibly a FMG of five years ago.
7. The new Board with George Jones has overcome a serious credability problem and Mr Jones is well known to the Chinese via Portman Mining which he was a very significant player in.
8. The outcome of seeing the first bit of dirt shipped is achievable. If FMG can do it, then there is no doubt that SDL can. It will take time and major issues will need to be de-risked, however Mr Jones is a very experienced player and I doubt that he would risk his credibility if he thought it was an outrageously poor opportunity.
9. What will happen no one knows, however you seldom come across good projects with this size resource base (albeit unproven at this stage), so I say its worth having a stake and let the story unfold.

Traders are doing themselves a disservice trying to trade and read the charts.

<blockquote data-quote="Strangways" data-source="post: 168599" data-attributes="member: 9177">I see a basic story unfolding here which explains things in my mind about how the company&#039;s share price has evolved.&nbsp; 1. Economic expansion in China and India is continuing and expected to be a long term expansion.2. New developments are coming, but the supply side is needing to keep up with demand.&nbsp; This creates price and supply pressure.3. China needs to ensure its own economic future free of US interference - just look at the situation with oil and how the US are seeking to control the Middle East oil supplies with their foreign policy.&nbsp; This is not a good strategic outcome for China, so the same can occur in other key areas, like iron and coal.4. The Chinese basic strategy is to buy and take interests in new developments, in part to stop the major players from ensuring massive price rises.&nbsp; Buying an interest also ensures supply, despite the cost.&nbsp; Its a risk minimisation strategy to ensure their economic freedom.5. The Chinese have invested in Africa strongly and so SDL in on their radar.&nbsp; To the south of SDL is another major Iron play with the Chinese involved.6. Whilst SDL is in its infancy, it is possibly a FMG of five years ago.7. The new Board with George Jones has overcome a serious credability problem and Mr Jones is well known to the Chinese via Portman Mining which he was a very significant player in.8. The outcome of seeing the first bit of dirt shipped is achievable.&nbsp; If FMG can do it, then there is no doubt that SDL can.&nbsp; It will take time and major issues will need to be de-risked, however Mr Jones is a very experienced player and I doubt that he would risk his credibility if he thought it was an outrageously poor opportunity.9. What will happen no one knows, however you seldom come across good projects with this size resource base (albeit unproven at this stage), so I say its worth having a stake and let the story unfold.&nbsp; Traders are doing themselves a disservice trying to trade and read the charts.</blockquote>

[QUOTE="Strangways, post: 168599, member: 9177"] I see a basic story unfolding here which explains things in my mind about how the company's share price has evolved. 1. Economic expansion in China and India is continuing and expected to be a long term expansion. 2. New developments are coming, but the supply side is needing to keep up with demand. This creates price and supply pressure. 3. China needs to ensure its own economic future free of US interference - just look at the situation with oil and how the US are seeking to control the Middle East oil supplies with their foreign policy. This is not a good strategic outcome for China, so the same can occur in other key areas, like iron and coal. 4. The Chinese basic strategy is to buy and take interests in new developments, in part to stop the major players from ensuring massive price rises. Buying an interest also ensures supply, despite the cost. Its a risk minimisation strategy to ensure their economic freedom. 5. The Chinese have invested in Africa strongly and so SDL in on their radar. To the south of SDL is another major Iron play with the Chinese involved. 6. Whilst SDL is in its infancy, it is possibly a FMG of five years ago. 7. The new Board with George Jones has overcome a serious credability problem and Mr Jones is well known to the Chinese via Portman Mining which he was a very significant player in. 8. The outcome of seeing the first bit of dirt shipped is achievable. If FMG can do it, then there is no doubt that SDL can. It will take time and major issues will need to be de-risked, however Mr Jones is a very experienced player and I doubt that he would risk his credibility if he thought it was an outrageously poor opportunity. 9. What will happen no one knows, however you seldom come across good projects with this size resource base (albeit unproven at this stage), so I say its worth having a stake and let the story unfold. Traders are doing themselves a disservice trying to trade and read the charts. [/QUOTE]

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