SDL 0.00% 0.6¢ sundance resources limited

Cash balance

  1. 853 Posts.
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    My estimate of cash balance at 31Dec14 is around $29m based on 45.9m cash as at 30Sep14, 16m planned exp for the Dec 14 qtr as forecast by SDL.
    Now 10% reduction of salaries which I est around $4.4m (qtr) only equates to $400K, and they call this a significant reduction, PATHETIC!
 
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