Before March 2011 4.Increase in JORC/Move higher % of JORC resource from Inferred to Indicated and Measured 5.DFS - Recalculating the Iron Ore Price in their Calcs from $63 per tonne to $140+ with their cash cost sitting somewhere between $19-24 per tonne
Question: 1. When milestones 1 to 3 are completed is it safe to assume the Share Price would get to 66-75c as per the StoneBridge Report?
Question 2: When milestone 4 to 5 are completed, a re rating of Sundance occurs and the share price rises to between $1.20-1.40?
I'd like to get everyone's thoughts on these scenarios if thats OK?
SDL Price at posting:
31.0¢ Sentiment: LT Buy Disclosure: Held