SDL 0.00% 0.6¢ sundance resources limited

bad blood between china and rio ore sales team, page-22

  1. 8,602 Posts.
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    Hi (MoneyMan)

    The last finance report that came out was with a full years drilling.
    First with 2 drill rigs,then five and finally 6 drill rigs.That was up to the end of December 2008.
    They will not have done any drilling until around the start of June.That would be at Mt Nebeba.Unless as I have said in another post they have changed their drilling program for this year.
    That will give no idea as to what will be spent in this 12 months from January to December.
    They are likely at this stage to be spending more on getting the different studies finished then on drilling.

    Still not getting upset,just posting what I know from announcements and speaking to Don Lewis.

    As far as the amount of iron ore resource in the ground.
    I have gone by announcements,maps of the strike areas,contours and drill results that are shown.
    Some maps showing magnetic type pictures that I don't think you will find are still on the SDL site.

    Regards
    Westcott.
 
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