SDL 0.00% 0.6¢ sundance resources limited

good news for some on agm, page-22

  1. 3,910 Posts.
    lightbulb Created with Sketch. 30
    If a meeting of sorts has been agreed to, we need to start putting together questions that we as a group think need to be answered.

    There needs to be a clear and concise direction.

    I would ask questions in the same order as we see the timeline developing. So;

    Drilling & drilling results (and it's importance to possible financing)

    Cash levels

    Partners & financing

    Government submissions and Government buy ins

    Possible interactions with the African Development Bank and other such organisations

    CAPEX pricing changes and infrastructure (possible sharing of infrastructure etc)

    The possible establishment of a new IO province

    Pellet plants etc.

    I would propose asking questions regarding the drilling that is to commence in November, and whether the possible securing of a partner is somewhat dependant on the outcome of this drilling. I would also ask why a drill rig was purchased instead of the drilling being outsourced and paid for in shares as has previously been the case.

    I would also ask how long they believe they have the cash resrves to fund this drilling as well as other administrative operations before needing to find further financing (which of course will come through equity)

    Then you could move onto what their thoughts are regarding the other questions above. There isn't a lot of detail there, it's just a rough outline I'd be following if I were asking the questions. Feel free to blow me out of the water!

    That's just my thoughts.
 
watchlist Created with Sketch. Add SDL (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.