SDL sundance resources limited

Mate no probs at all!At the end of the it's up to the mkt, if we...

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    Mate no probs at all!

    At the end of the it's up to the mkt, if we do get an increase in total DSO reserves and annual iron ore prodn volumes increase from the 35mtpa. Then we would see a significant increase in share price.

    Mid last yr Mr Jones mentioned his goal to consolidate SDL shares, and to ensure there is a very positive announcement to accompany this share consolidation to ensure Market Cap isn't negatively affected. IMHO I would expect this share consolidation to occur approx 6-12 months after the JV Partner is announced! And the accompanying announcement will be a total reserve increase in DSO which will allow a 50mtpa DSO production out of Mbalam and Nabeba.

    Cheers Nectar
 
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