SDL 0.00% 0.6¢ sundance resources limited

Ann: ANS: Market Update, page-26

  1. 2,243 Posts.
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    China can crash all it wants as predicted BUT they still have 1.5 billion people needing energy, food and iron ore. Also India is pushing 1 billion people. What happens if India become another China on demand suddenly?
    However Sundance is one of many deposits competing and except for a portion of "better" FE, we are in an awkward location long way from those two power houses. That with Cameroons iffy govt , finances, civil war but a new port and trade and with any luck an improvement to the point of actually being able to help with construction ect as we cant do jack without the infrastructure so far from the coast.
    In 15 years yes, all deposits will be worth more and at least when you retire you will have the satisfaction that a bunch of undeserved newbies have capitalised off all the hard work and misguided patience you put in!
    I am positive about SDL, but the clock is ticking to the next cycle boom and we need time to build....
 
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