SDL sundance resources limited

15m fee will not be payable, page-9

  1. 198 Posts.
    With specific mention of the confidentiality of the due dilligence, I would suspect that the rumours of the unconfirmed resource being the culprit.

    With an unconfirmed resource, I dont think how its possible to set a price for a company that is, as far as the market knows, still awaiting confirmation?

    Someone said that GJ jumped the gun, I think that may prove correct. Wait and see a merger proposal occur on or around the time of the drilling results come out.
 
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