SDL sundance resources limited

Ann: Lapse of Performance Rights and expiry of Options, page-7

  1. 3,444 Posts.
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    Thanks Samson2158, great effort mate.

    Does look very ominous.
    Looking at the Q1 response it seems they have all but given up on securing any sort of financing and are living on a prayer that CAM will extend. Big Big mistake. They appear to have no plan of action whatsoever.

    As for SDL continuing with upgrade to EP3 as stated in Quarterly: That's BS. This is what had been stated in the quarterly:
    "HSECS Initiatives for the quarter included: Malaria prevention, upgrading the DUP Environmental, Social, and Impact Assessment (ESIA) to the Equator Principles III..."
    Absolute no mention that this work is ongoing. It is a mere statement that work on EP3 was undertaken in the quarterly. But we also know that during the quarter cost cuts took place which included "80% reduction in contractors". - Hench giving rise to the question whether work on the EP3 principles was in fact ONGOING.

    The same old cliche - being treated like mushrooms. Less than 4 months left before we might get strung out to dry.
    Perhaps time for consideration of decisive action by shareholders.
 
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