SDL 0.00% 0.6¢ sundance resources limited

40mil gets you.... where?

  1. 6,296 Posts.
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    is the company still drilling? exploring? why bother? we get it, there is IO there, plenty of it, but its going to cost $6b to get at it...

    40m buys you time... time for the board to sit around and do nothing and twiddle their thumbs while they wait for someone to come along and buy this project...

    this company should cost $50k to run a year: thats the salary for some guy to sit next to a phone and await a new offer.


    made some good money trading this over the past few days none the less... will look at buying back in sub 9c
 
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Currently unlisted public company.

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