SDL 0.00% 0.6¢ sundance resources limited

ny gmp values sdl @ $1.32 , page-13

  1. 6,870 Posts.
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    Bigstar - that is a good post. .20 target short term seems pretty consistent for the "funding phase". Then, a possibility even if remote, that a TO launched which would be at a premium. (So 100% on that takes us to .40 - which is crica where we were at with Hanlong.)

    In four years time, who knows. But if $1 is right, that is a 5 x return in five years which is not shabby for those who want to wait that long. (50% ROC per annum)

    Bank interest would be .20 - .24.

    I can see the argument for a longer term hold but in reality, this will be a skike, retrace, spike pattern.


 
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