The signing of the socalled mining conventions with the two African governments shapes as the trigger point for any rival offer for sundance to emerge. Indian groups, which are as keen as china to secure supply of key commodities such as iron ore, as well as some of the world's biggest mining companies trying to beef up their iron ore units, such as anglo american and Xtrata, maybe interested in Sundance.
Hopefully its not over yet
SDL Price at posting:
45.7¢ Sentiment: Hold Disclosure: Held