Ann: ANS: Market Update, page-25

First 25 Last

Share
Profile

Follow
uberdan

143 Posts.

16

05/12/18

11:09

Post #: 36756151
Share

Originally posted by Charlie'sbucket ↑

From the latest announcment from Sundance,

Sundance is working as quickly as possible to satisfy the Conditions within its control. Since the date of the Agreement, a number of positive developments have occurred including: • the successful placement of Sundance ordinary shares to AustSino for $250,000, as announced on 16 October 2018; • meetings with potential Chinese Project partners; • discussions with representatives of all of the key stakeholders; and • discussions with AustSino for further funding to satisfy the working capital requirements of Sundance. Despite these positive developments and because of certain matters not within Sundance’s control, the Conditions will not be capable of satisfaction by the End Date. Accordingly, Sundance has initiated discussions with AustSino and Sundance’s noteholders to seek an extension of the End Date to 31 March 2019. Sundance will provide a further update in due course.

If the directors are still trying to get this done then thats good enough for me. IF they are stalling for time and think this will likely fall through, then we be back to square one again. We have a deal on the table and then years till the ore we ready to load on the ships assuming railway and port- expensive items are built which is by no means a certainty. But the first step is always the hardest...

Expand

I have another 15 years before retirement . it should all be done by then . Merry Christmas to all

SDL Price at posting: 0.6¢ Sentiment: Buy Disclosure: Held
1 Upvote

0 Great analysis

Reply

Top Stories

BHP

BHP dips as WA nickel suspended after A$6B hit; losses eased by US CPI and forewarning

AII

Almonty locks in govt agreement for tungsten oxide plant in South Korea

ASX hits all time high out the gate on Friday trades following bullish US inflation data

I88

Infini soars 50% as company reveals it could’ve just made uranium history – redefining what it means to be “high grade”

Week 28 Wrap: ASX hits all time high; CBA shares' two realities; US inflation hits 3% ahead of China plenum

IMM

Immutep reports strong response rate from immunotherapies treating carcinomas

MDI

Nanocap Middle Island Resources kicks off Barkly copper-gold drill run – a potential IOCG-style NT project

NIM

Nimy to raise $1.21M to explore 'newsy' WA targets

Bitcoin investors need to know the risks

SKS

SKS Technologies wins US$90M award to supply power to international hyperscale data centre in Melbourne

There are more pages in this discussion • 113 more messages in this thread...

First 25 Last

Add SDL (ASX) to my watchlist

Ann: ANS: Market Update, page-25

Top Stories

BHP dips as WA nickel suspended after A$6B hit; losses eased by US CPI and forewarning

Almonty locks in govt agreement for tungsten oxide plant in South Korea

ASX hits all time high out the gate on Friday trades following bullish US inflation data

Infini soars 50% as company reveals it could’ve just made uranium history – redefining what it means to be “high grade”

Week 28 Wrap: ASX hits all time high; CBA shares' two realities; US inflation hits 3% ahead of China plenum

Immutep reports strong response rate from immunotherapies treating carcinomas

Nanocap Middle Island Resources kicks off Barkly copper-gold drill run – a potential IOCG-style NT project

Nimy to raise $1.21M to explore 'newsy' WA targets

Bitcoin investors need to know the risks

SKS Technologies wins US$90M award to supply power to international hyperscale data centre in Melbourne

Featured News