SDL
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0.00% 0.6¢ sundance resources limited

Thanks macca and devander.So this capital raising will take...

  1. practisingaccountant
    9,543 Posts.
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    04/11/09
    13:00
    Post #: 5870916
    Thanks macca and devander.

    So this capital raising will take Sundance through to the project financing stage but this is not the project financing stage itself is it?

    They want to raise substantially more than existing cash reserves of $16.6 million. Assuming they raise $30million, that is roughly 300 million shares at 10c each.
    SDL Price at posting: 15.0¢ Sentiment: Hold Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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