SDL 0.00% 0.6¢ sundance resources limited

Ann: Placement , page-80

  1. 317 Posts.
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    Some streams of consciousness thoughts follows:

    ...never ever fall in love or get emotionally attached to things associated with money...perhaps we are getting greedy or being shortsighted and failing to see the big picture when it comes to Sundance...

    ...we must all accept that there is investment risk in shares, and even a greater risk in new frontier companies such as Sundance. We don't know the internal and particularly political machinations associated with this deal and the vision (clearly articulated by Westcott) on Sundance may in time eventuate...

    ...Yes, we are shareholders and while we theoretically have equal rights to all other shareholders, some are more equal than others, as the saying goes...I think the placement is a smart strategic move - it seems for George Jones, damned if you do, damned if you don't...patience is the name of the game here, it was always going to be the case, and in a strange way, Hanlong has been a blessing in disguise, for where would SDL's SP be under the current market turmoil...I believe Hanlong would have bailed out by now, and it is a possibility that Hanlong is keeping the seat warm for another Chinese associated company. So IMO, I believe in some shape a deal will happen - we are on the brink, we just need to be patient, and nice to each other...we're all on the same team.

    ...and as for Kloppers saying something along the lines that Western Africa isn't necessarily the place to be, you need to question his past strategic asset purchase decisions. Africa is the new frontier and China knows it, and Sundance IMO is in one of the key box seats...whether its 0.57c or some other price, it will happen - ignore the ST market turmoil and think 5, 10, 25 years out. We may not be shareholders in the company, but IMO the 0.57c is a given, particularly with resource upgrades.

    ...so keep he faith and share the love -I am still positive about Sundance, who wouldn't be with such a name...
 
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