quarterly highlights

Hi Guys

I just want to point out the highlighs and my personal analysis of this quarterly:


Sundance and Hanlong executive management attended a number of meetings together during the Quarter
with senior Government officials of the Republic of Cameroon and the Republic of Congo to demonstrate their
unified commitment to the development of the Project.

In undertaking these preliminary works, Sundance has engaged numerous contractors, including local
companies, to perform the following tasks:
-  Development of tracks for gaining access to the required areas
-  Geotechnical and hydrogeological sampling
-  Bathymetric survey of near shore ocean
-  Management of the site and contractors to scope, schedule, budget and HSE requirements

Sundance conducted an expression of interest program for the contract mining and explosives supply and
handling services

The first construction works to be conducted at the site will involve the development of access roads, lay down
areas, a landing ramp and supporting infrastructure at the Lolabe port site area.

Sundance received from CRCC a tender submission and
has been involved in evaluation and negotiations with
CRCC to finalise a contractual arrangement for the
construction of the railway.  

CHEC submitted a tender and Sundance is currently in
the evaluation and negotiations process with CHEC to
finalise a contractual arrangement for the
construction of the Lolabe port.  

Itabirite Resource: 1.5-2.5 Billion Tonne Exploration Target at Nabeba,The exploration program is
expected to significantly increase the Company’s global Itabirite Resources.

Republic of Cameroon:The purpose of these holes was to
intersect the waste material of the
proposed supergene pit, specifically
within the schist embayment, with
the aim of increasing the
understanding of the mechanics of
the rock mass and assess the
possibility/risk of steepening the
pit wall angle


It appears that Sundance is progressing toward mining in the very nearest future.

Hanglong involved in the political level only, the rest is carried by sundance only.

I would argue here that if hanglong was in the driver seat, it would not allow sundance to be in charge in dealing alone with CRCC and CHEC and selecting private contractor for lolabe site and supply contractor for explosives.

Note at the cameroon project: The purpose of these holes was to intersect the waste material----> is this part of the scheme. I DO NOT THINK SO.

Further drilling in south nabeba is intensifying is showing a very strong Fe% results. i would say NO BUT THANKS HANGLONG.

As per an article on the 2nd of JAN, it is becoming more likely that CRCC and CHEC will be builder operator.

I am becoming a huge believer of this company and i hope and the rest of the shareholders do feel the same.

Hang on there guys, the reward is not far away.


Cheers