SDL 0.00% 0.6¢ sundance resources limited

HotNews, page-29

  1. 8,602 Posts.
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    Hi jayneen.

    You are full of you know what. EQX are waiting on The Cameroon Government and SDL to get Funding. SDL are spending cash on trying to get the Funding which will help EQX and The Core Mining to get into production. Helping The Cameroon Government with the infrastructure Funding. Traveling to China and else wear.
    If SDL's studies are worth nothing, EQX has No chance as well. It all depends on Government and SDL getting Funding for EQX to be in a position to proceed with Badondo.
    There is a time line and cash spend that has to be kept to, regardless of your thoughts or opinion. Others know that is true, how come you don't know .
    I have never said anything about which company is a better investment. I have Always said that Badondo is EQX's main and best project. I also said that the other project they have a 2% stake in was not much good.
    You state. EQX have No intention of making a massive worthless investment like SDL.
    EQX have No option but to go ahead with All the necessary obligations needed for a mining licence and All studies.
    I quote. Upgrading of the company's tenure to a 25 year Mining Licence. MLA requires the submission of a Feasibility Study, an Environmental and Social Impact Assessment, Community Development plans and Completion of Technical Reviews by relevant Government Agencies.
    EQX intends to lodge the MLA for Badondo based on completed exploration work.

    Hot News I believe said they would be doing more drilling.
    At an SDL AGM, Gulio Casello said that the Environmental Study papers stood about 3 feet high and cost many $millions to complete. That is just one Study.
    You obviously don't believe what EQX is telling you. I have constantly told you about all the Studies needed and cost to produce, you just ignore what I say and keep saying I know nothing.
    The Convention that SDL had with The Cameroon Government was between 3 and 400 pages long. Plus Mine Studies, Port Study,Rail Corridor Study,Electricity supply and Water supply for the Mine Sites, Gas Supply Study, Environmental Study, Land Study for the Rail Corridor and Port site and a study on the villages and the impact the projects would have on them, also compensation. Building Schools for the villagers, water bore pumps installed and paying to start up other forms of sustainability like a Bee Industry.
    No, it does Not come cheap.
    If you don't believe what I am saying(I don't think you do as usual) look up The Convention and read it for yourself. Too Hard I hear you say. Just tell Westcott he is wrong, that will do as a reply.
    If you ever did get to read the Convention, you will also read about The Cameroon Government asking SDL for costing's for a twin track rail line to carry 200Mtpa.
    A fact not many will know about the SDL PFS costs involved to build All the infrastructure especially the Itabirite Stage 2, a 4 Mt Pellet Plant is included in the economics.
    Yes costs have gone up over the years, but because of including other items in stage one instead of waiting for stage two.
    Are you learning anything or do you know everything as you seem to say you do.

    Westcott.
 
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