SDL 0.00% 0.6¢ sundance resources limited

china to invest $500 billions in 5 years, page-10

  1. Gus
    219 Posts.
    Matt you still dont understand the most logical question.
    Its not about the iron ore demand,the government or so on.

    The main point is why would anyone wants to invest in Sundance? If you go to supermarket,would you pay $3 for a $1 exactly the same item?

    We have seen similiar comparison between SDL and Core mining. Both located in the exact same area. Both has proven JORC resources. The main difference is Core Mining Avima project has double the resources than Sundance. But Sundance is worth $300 million whereas Core mining is not even close to $100 million.

    All in my opinion...I shall say no more.

 
watchlist Created with Sketch. Add SDL (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.