SDL 0.00% 0.6¢ sundance resources limited

wow so quiet here , page-7

  1. 3,630 Posts.
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    I hold SDL. It seems to me that SDL keep ticking the boxes and I think they are astute enough to know that time is not their friend... they have some cash but it won't last forever. Last time I looked they had (a) defined and announced a stunning (as in world class) resource ... tick; (b) addressed some soverign risk issues by aligning govt involvement ... tick; (c) had discussions with obvious parties with an interest in non-mainstream supplier IO source...tick. Project finance... Cameroon seems to be the centre of all sorts of new mineral exploration projects and the govt very active. I would expect a half decent off-take agreement will solidify any project financing requirement (maybe current BHP IO price negotiations will be a catalyst)...tick.

    Wow, more ticks than a mongrel dog!!!

    My take... good buy and bounce (IF ANY) will not be far away... SDL can't afford to.

    I am not an adviser...DYOR
 
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Currently unlisted public company.

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