SDL 0.00% 0.6¢ sundance resources limited

takeover by hanlong mining ..., page-160

  1. 335 Posts.
    haha nice find, love it! Remember that post clearly.

    Unfortunately I dont have anywhere near a 7 cent cost base, I only started buying after the accident but my average cost is now just under 30 cents. I do think SDL are a great little company but they are a far cry from being the low cost producer that everyone is hoping.

    Im just saying that id be more then happy to walk away with 70 cents from a company who is 4 years off production. Its all good throwing around NPV calculations and share prices of $1.50, but they are all for 4 years time and that is a long way off.

    Id take 70 cents now instead of $1.50 in 2015.
 
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