SDL 0.00% 0.6¢ sundance resources limited

Ann: Company Update - January 2018, page-147

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  1. 2,255 Posts.
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    IMO- as other posters have already said here, theres many factors so IF the project gets green light will we go to 1c,10c or $1. If someone knows the calculation and IS right, then their not giving it away. However the SM is made up of spectrum from ignorant gut instinct types all the way to mathematician only data investors so this gives sm an mostly impossible way of knowing how it will react to news. Even the final price when all the crazy bidding is over still cannot be reliable but can only give the" number" SP based on number of shares, quality of ann, how nervous market is at the time, what SM cycle we are in, govt policy which affects industry, PE factors ect ect. Plus all different personalities buy and sell plus those pump and dump types who will slow a rise and people who only trade on the predicted movements of their "charts". All this leads to nearly unpredictable short term movements to a expected or surprise ann. The expected ann is that few days we will get signed agreements. Market may not move great deal as many years before rev. BUT if microsoft suddenly ann that is was backing this project, that extreme news would send the price to $1-$2 on shock value of best company in the world backing little iron ore company. This stuff has happened and it the Confidence factor is what really drives a SP as well as right timing. Generally the amount of shares tends to impact starting price then perhaps the price after initial UP. SDL has a reasonable amount of shares, not 10 bill or 1 bill so if we get good , sharp news with extra sweetener not expected in a few weeks SP should be 5-10C- > another point i think is important. IF the news is that not only green light, BUT fast track development, THAT will definitely send more robust rise as REV will come earlier and haste to buy in low will pull in the greed factor earlier as more anns will come in faster. Also as we move towards next boom with maybe india as well china, expectations on higher Rev come into play for long term forecast. Also if Financial backing is extensive with other teams helping, other ore areas could pop up as part of portfolio, but we have no details of funding yet so we have no knowledge to make INFORMED decision. If you believe this is going ahead, buy in at least a token amount now as thats all you will lose but definitely gain short to med term on quick sharp SP rise. Now back to my astrology chart as that is very rational
 
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