'If further capital is brought in, you have a 100% certainty of...

'If further capital is brought in, you have a 100% certainty of seeing some of your money again.'

Well, I don't believe that there is any certainty of seeing any of your money again. Sure, you might get to read a few more shitty quarterly reports until the money runs out. And then Sundance will be back, passing the begging bowl around again.

Take a look at the big picture.

- There is a global glut of iron ore
- Demand for iron ore is falling
- Sundance needs billions of doallars to bring the mine into production
- If Sundance ever gets into production, the big three global iron ore miners can make it well nigh impossible to make money with their low cost of production and high production capacity

The money you already invested in Sundance is gone. If you are thinking of putting more money to work in Sundance, you need to ask yourself, is this the best investment opportunity that is available to me at this time?