fundamental valuation of sundance, page-12

nk- I would think that Goldman Sachs valuations would only be a 12month valuation for 2008 as they normally do...

BBY has a 12 month target valuation of $1.00 this will of course increase the closer they get to production.

The project valuaation climbs from 1.20 to 3.56 in 3.50 in 2013 per BBY document attached.

http://www.sundanceresources.com.au/media/2193/00230_bby_brokers_report_26_oct_07.pdf