SDL 0.00% 0.6¢ sundance resources limited

Ann: Capital Raising and Project Update , page-67

  1. 1,404 Posts.
    Bizzo,

    Yes oneday the ore will come out of the ground where SDL is drilling. I dont doubt that. The question is WHEN ?

    In the current climate with SDL needing funding of 3.0 billion+, It going to be HARD.

    They need to outlast this GFC to get this funding. If they dont get it I believe the cameroon goverment will tell them to please go away as we want people to start mining and not just hold on to exploration premits and not adding any value to our natural resources.

    Just think about this.
    If I was a huge company XY. I wanted the ore around SDL are drilling. I would just hint to the camroon goverment. I got 3 billion now . ready to build a mine please get rid of SDL as they waitng for funding here is some hush hush money.

    I see this project having problems and it showing the signs being negative ..

    with delays, scripted offers and other annoucments that arent really adding up.

    DYOR ..
 
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