SDL 0.00% 0.6¢ sundance resources limited

md gave us false hope, page-57

  1. 2,196 Posts.
    Agree funky, but when would you reasonably expect a partner announcement by without getting worried? How long is a short time after 30th JUNE? We need to ask these questions. I have been reading through some posts of '09 and they were expecting a trading halt with JV announcement for sure by the ende of that year?Patience was mentioned many times!

    "Patience is the art of hoping" said a French moralist and now is the time for SDL to act. 2011 is the year we deliver for SH according to GC. We need to hear about some progress in this area.WE are supposed to be fast-tracking, it's at the head of all our presentations.Why can't they say who the 5th party is?There must be thousands of people who know, from employees their families etc, they're only talks.I will not stand by and watch all my proits diasappear, like I did in '07-08 and I am lucky to have some, many don't. I'm sorry but calls of Patience are wearing mine thin.I have been patient but I expect results this year, others may have different views. If we can't make 30th JUne, that's ok but I want to know why, and soon.

    Some will reply "just sell then" but how could anyone now (although plenty still are-patience differences) when we are so close to company making news? But I guess we were that close in '09 also.

    Still have faith in ourrent directors but I am getting concerned about the economic climate in China.Interested what others/Nectar think about the doubling of rates on o/n loans and monetary tightening concerns published in todays west?

    Also found an interesting post by Wescott which has a rough model of iron ore company valuations using FMG as an example which suggests we have plenty of upside once finance secured and that it is not factored into current SP.Will re-post if I can find it again and it's ok by Westcott?

    Just my thoughts folks, not sure how much patience others have which will be reflectant in the SP soon enough if we don't hear anything.

    Good luck holders.
 
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