SDL 0.00% 0.6¢ sundance resources limited

57 cents, page-108

  1. 8,602 Posts.
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    Hi anthonychea.

    Not sure if this particular report has been spoken about.

    SMH.com.au are reporting Reuters saying Sundance have agreed the price.New price likely to be revealed tomorrow,after Sundance had agreed to it.
    Reuters told in August that Sundance were holding out for 20 per cent more than the 50 cents.
    This report also say's that the Mbalam mine is SDL's only significant asset,which straddles the Republic of Congo and Cameroon.

    I thought we had a tenement in The Congo (Nabeba)
    which is bigger than Mbarga which is what I think they were meaning instead of Mbalam Mine.There would be several mines at Mbalam if it got to production stage.

    Regards
    Westcott.
 
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