Ann: Quarterly Activities Report , page-2

Sundance Chairman George Jones said the December Quarter had been a pivotal period for Sundance and the Board was confident that its plan for bringing Mbalam-Nabeba into production was firmly on track.

“The strong response we have received to our tender process from highly-regarded international contractors and financiers means we are now moving into the next phase of the development strategy,” Mr Jones said.

“The interest shown by global companies wanting to be part of this Project has been outstanding. They fully appreciate the world-class quality of the resource, the low production costs and the first-mover advantage associated with Mbalam-Nabeba.

“In light of this, I have no doubt that the Project is well on the path to production.”