No one knows but I suspect that if Hanlong never turned up then...

No one knows but I suspect that if Hanlong never turned up then todays' share price could easily be twice as high as what it is.

65 cents plus is certainly a possibility given
- iron ore price on the rise & well above 2012 lows
- resource size (which keeps on getting bigger)
- the need for iron ore to support the rise of the middle class in emerging economies
- the national strategic benefit of access to Sundance's resource
- increased appetitite for investment risk given increased liquidity in many major economies

The practices of Hanlong has been so murky and muddy and merrylly manipulated that genuine investors are giving Sundance a wide birth, and that is why we are 32.5 not 65.

And there will no doubt be the usual suspects who will say it could be 18 cents without a Hanlong bid.

Well it could but you don't actually know!!

But what cannot be argued is that there has been positive developments since the dark days of 2012.

The 45 cent deal was struck in the darkest hour. Dawn is breaking, and lets hope that there is some news soon that will break the curse of Hanlong.