SDL 0.00% 0.6¢ sundance resources limited

io price up 60% since merrill massacre !, page-2

  1. 23,652 Posts.
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    matt

    dont care who buys it ....SOE or dim sum company, they have to pay more than 45c . Im confident when these duck knuckles final decide to move the hedgies will do the right thing.

    sinosteel just bought $600m worth of ore tenements next door to sdl, permits and exploitation agreements yet to be signed.....????

    the cdb delay is absolute BS - they have the cam conventions written in stone and materially the same as what has been on the table for the last 6 months. the congo permit is irrelevant. ..oh thats right, delay is also due to santa clause and xmas holidays.......BS!

    saw interview today - some fund manager being asked about SDL , he said hanlong gamesman ship last 6 months to get price down and timing of ore price drop played into their hands. However he also said now that prices are up at 130-40, china growing 8%, the ball is now in SDL mngt court to extract better value. BTW he didn't mention anything about 6b in capex.
 
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