SDL 0.00% 0.6¢ sundance resources limited

article in bloomberg, page-40

  1. 707 Posts.
    lightbulb Created with Sketch. 10
    Just to add - to avoid confusion.
    Technically the company SDL does not own these deposits in Cameroon and Congo
    SDL owns 90% (reducing to 81% for the Govt) of the company Cam Iron SA which is the company that owns Mbarga. Same situation with Congo where SDL owns 85% (76.5%) of Congo Iron SA which has Nabeba.
    So effectively SDL sells down its interest in these subsidiaries to an incoming Partner.
 
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Currently unlisted public company.

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