SDL 0.00% 0.6¢ sundance resources limited

Ann: Quarterly Cashflow Report, page-9

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  1. 572 Posts.
    lightbulb Created with Sketch. 55
    To all holders,
    Haven't posted for a while here,
    Wish everyone all the best.
    But can't believe these cowboys need to use circa 1 Mil $ p,m just to administate this.
    Office /Wage costs!!!
    It's mind blowing.
    Yes I think this project will get up but who knows what part if any Cam Iron ( SDL)
    will have in the wash up.
    As of the end of Sept Q the current acc will be looking rather thin to say the least,
    but the cash burn continues unabated.
    Looks like a Cap Raise preceded by a share consolidation..IMHO
    How else will this enterprise survive another XX years to product sales?
    GLTA.
    Best,
    SG.
 
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