SDL 0.00% 0.6¢ sundance resources limited

broken out..19 to 21c short term., page-16

  1. 5,609 Posts.
    lot more shares on issue since the first run. There has also been a lot more work done to prove up the real resource etc. I also believe that the Chinese would be very keen on SDL now that RIO and BHP have effectively joined forces. This is not a good outcome for them. A lot of the other iron ore companies in WA are small by most standards. The run on Friday in FMG and SDL tell the story and i expect further movement this week. They want scale and long term mine life projects. This is why stocks like SDL, RIV, CDU, etc fit these sorts of deals. dyor.
 
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