SDL 0.00% 0.6¢ sundance resources limited

100% upside the the offer price, page-3

  1. 227 Posts.
    Heads or Tails now isn't it. double up or or go down hard. 3 weeks until the coin hits the floor.

    Funny how we were hovering between 60 and 45 before Hanlong ever came into the picture and this whole takeover thing was started. Same resource, same future revenues - DFS done on $65 a tonne, times look tough into the future, but nowhere near that.

    If you ever need proof that the market is based on sentiment and future prospects, this is it. SDL is worth less now when it has an offer on the table than what it was before there was any hope of financing?? Global conditions playing a massive part but people happy to pay on the chance of a deal, but get jittery when last hurdle of deal is stumbled on.

    I still think it will go ahead, so i'm holding, not reloading though.

    Good luck all.
    Ta,
    Beef.
 
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