SDL
Click for more information
0.00% 0.6¢ sundance resources limited

More drilling would burn through their cash reserves. They...

  1. leboj
    603 Posts.
    lightbulb Created with Sketch. 1
    clock Created with Sketch.
    11/05/09
    11:20
    Post #: 5118794
    More drilling would burn through their cash reserves. They wouldn't want to do another cap raising, and wouldn't want to negotiate a JV from a position of panic (ie. cash running out!).

    Just my opinion.
    SDL Price at posting: 15.0¢ Sentiment: LT Buy Disclosure: Held
    Likes Created with Sketch.  Upvote
    lightbulb Created with Sketch.  Great analysis
    Stroke 3 Created with Sketch. Comments Created with Sketch. Reply

  2. Top Stories

 

Featured News

NEWS NT Gov't delivers environmental approval for Empire Energy's Beetaloo Carpentaria pilot gas play
right-arrow Created with Sketch.
NEWS Tyranna wraps up lithium drilling in Angola; says looking for other projects with different metals
right-arrow Created with Sketch.
NEWS Join the Crypto discussion!
right-arrow Created with Sketch.
NEWS Bigtincan's Board backs Investcorp offer: Why a NASDAQ listing could be game-changing
right-arrow Created with Sketch.
NEWS Access the Latest ASX News!
right-arrow Created with Sketch.
NEWS Auric sniffs gold up to 12.1g/t through drilling at Spargoville prospects
right-arrow Created with Sketch.
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.