SDL sundance resources limited

dont sell to talbot and co, page-6

  1. 1,013 Posts.
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    Ignorant One,
    Your so called results are largely factored into the share price.
    The enterprise value per tonne is way out of line with others unless you assume a far greater resource than the existing non JORC compliant 218mt.
    If they ever get to announce any real JORC compliant figures, the market will take profits. This has no earnings and only vague risky possibilities, needing huge capital.
    Answer one question. How will they fund the US$2.5BILLION capital requirement with only $70mm in the bank before further drilling, and feasibility study??
    Hot Air?
 
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