Perhaps we will soon see the 47c valuation?:
"Sundance shares were recently (June 2010) valued by Stonebridge Securities Limited at $0.47 per share, based on a 10-year high grade DSO project at a long term iron ore price of just US$65/tonne, with no value applied to the itabirite resource. In short, we believe that Sundance is substantially undervalued given the scale and quality of its resources and its enormous growth potential."
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lt's - don't forget mining permit is imminent., page-36
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INFINI RESOURCES LIMITED
Charles Armstrong, CEO & Managing Director
Charles Armstrong
CEO & Managing Director
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