SDL 0.00% 0.6¢ sundance resources limited

Ann: ANS: Proposed $100m Placement & Strategic Investment in Sund, page-84

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  1. 2,253 Posts.
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    With a strong positive change to our new situation, theres no reason not to grant extension and they would have anyway. In Fact we might see

    The doubling of our company size more or less and our new "buddy" having real connections and some sway? with China can only be a positive. Less than 50% control could be problematic if this merger has ulterior motives BUT we will find out soon enough if this is the case- Chinese control? Hmm

    Hangers on who had every chance to buy in and now may be regretting that decision However the big investors wont go near this stock till theres some surety (REV or def guarantees) so they can wait till it 10c and making money - we take the risk and they get real gains later if less multiples!
    In any event trading could open with a whimper and frankly it dosent matter what the market thinks. Holders have been following the company closely and can know objectively value thew company not on hype but on real Facts as we move forward. .

    Dont concern yourself with the SP unless you want a quick profit. The SP will really move when funding- even on a good rumour and of course when we are bringing in consistent REV but by that time it should be around $1 and the registry adjusted down to where FMG-say a few billion- OMO

    So for now just be contented that we SEEM to be in a better position; dont worry about all the nay sayers
    Just keep your eyes on the actual Facts, not Neg nonconstructive opinions- Stay positive in the SM but not foolhardy...  DYOR and remember Scientific Facts, mathematical facts, Nature facts -- not reincarnation and unsupported promises! haha
 
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