SDL 0.00% 0.6¢ sundance resources limited

the truth about sdl, page-36

  1. 8,602 Posts.
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    Hi Sabbath.

    I did not announce a free on board (FOB) price of around $23 dollars,SDL did that.
    In my humble opinion there will be more than the targeted,extra,on top of the 4.2 Billion tonnes of Itabirite of 9.2 to 13.2.
    I have been saying for more than Two years that I believe there is around 20 to 30 and could be more Billion tonnes of Itabirite in the tenements.
    It has only been in the last Six months that SDL have announced a Target Resource of Itabirite,from the 4.2 Billion known resource to an extra target of 9.2 to 13.2 Billion Tonnes.

    I have been speaking about Glencore being involved in some sort of Joint Venture with SDL. Most thought it funny,now all of a sudden we are hearing talk of Glencore and a joint venture. I could be wrong about Glencore.
    All I have done is say in my opinion certain things could happen,based on my opinion and research.

    Your main problem seems to be about other projects that are also around.
    Like in The Pilbara,not many make it.
    Sundance I believe is too big and situated in a position in the area,not to make it.
    If a Big Party takes control in this area of the Rail and Port,you could see quite a lot of the other projects fall to them in the end. They will then control the amount of iron ore and other minerals coming out of the area.

    In years to come I believe you will find there will be several commodities being mined in this area of Cameroon,Gabon and The Congo.

    SDL already have several different known minerals in their tenements.

    Regards
    Westcott.
 
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