SDL 0.00% 0.6¢ sundance resources limited

afternoon repeat, page-101

  1. 1,775 Posts.


    Hi wescott.

    I am not being smart with this post, but you do not
    understand how t/os work, I am responding to your post
    9096209.

    You do not seem to know how things work or operate in
    the market on T/Os.

    You state the company should give a resource update,
    updates on field work or on other tenements.

    You have got to understand the offer has been made, so
    any of the above makes no difference, because the
    Chinese offer is for everything ,money in the bank,
    tenements, the works, so in other words, it makes no
    difference.

    I have mentioned to you before, about the t/o of
    extract resources EXT, we were due for a resource
    upgrade and it makes not one bit of difference, also
    EXT had $52 Million in the bank, and the $8.65 was
    for all of that as well.

    So I really think you should sit back and have a think
    about what your stating.

    The only time it would make any difference is if they
    the chinese pull out.

    But the way I see it, if they do, SUNDANCE will be
    stuck between a rock and a hard place, and I believe
    if they were to pull out, the s/p will be in the low
    teens, you must realise, s.d will not ever be able to
    raise the capital to go it alone.

    Please understand, I am just giving you the facts, one
    other scenario may occur, a white knight, but it would
    have to be on my reckoning BHP, RIO or Vale, but
    that investment would be for the future, they would not
    outlay the money for the infrastructure, at the moment.

    One other thing I must say is a lot of people on here
    are having ago at management, I would like them to try
    and have ago, and if they did the chinese may get you
    for a lot less, its a very hard world out there in the
    real world.

    Cheers.
    Simmo.

    Cheers.
    Simmo.
 
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