SDL 0.00% 0.6¢ sundance resources limited

strategic partner update, page-58

  1. 28 Posts.
    Should it be a potential chinese partner, I truly believe the project will move alot faster then most give credit for.

    Most have to remember cameroon is a third world country, and in these countries, money talks. Anything can be bought at a price and the chinese are good at giving incentives to make things moving.

    I see today's news as a positive one, whereby they have to assess the correct partner. Brings me back to the days when i was part of a project team looking at developing an oil seed extraction facility in queensland in 2008. We had tenders from a number of engineering firms locally and 1 from china. Just a couple of months away from making a decision, we received another tender from a firm in thailand. Pushed out our decision making by a few weeks. In conclusion these things are fairly common for private sector businesses, so not really a big issue imo.

    It's better that they have informed us then not at all. Because deadlines are being pushed out doesn't mean the project won't happen. Working for a large international bank now, I still see this on a regular basis (deadlines not being met).

    Having worked in different industries and large organisations has helped me understand how they operate and work. So I'm not really stressed as an INVESTOR. For traders... well.. you guys need to make $$$ asap so I understand... Down ramping is a job that you NEED to do, to swing shares your way, bunch of sly foxes. I know my mate down ramps in alot if forums to try and scare folks, while buying low... And yes he sometimes has "sell" and "holds no stocks". When in honest truth he is more "buy" and "holds many". Lol

    Good luck to all!

    FS
 
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