SDL 0.00% 0.6¢ sundance resources limited

good day for sdl, page-170

  1. 2,268 Posts.
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    Hi Andres,
    Why would they pay more? From what you're telling me they are paying too much already. Cameroon don't want to have to start again from day 1 as though Sundance never arrived and they don't want to deter further investment in the region. They don't want to be as reliant on china as you may think. You're looking at the iron ore picture but I suggest you have a look at what is happening with oil also. Oil is more of a battleground than iron ore in this arena and the chinese may be not quite as welcome as some suggest. Sundance will be sold and hopefully we will see more than 45 cents. LOL. I guess I can only hope for more if you're certain of the yes vote.
 
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