I'm bemused as to why we have to sell Sundance Resources right this second, especially in a shaky market. There has to be other options out there, an option that would have every major player licking their lips....
How about we do a 50% JV or 30% JV for every project we have, rather than just a 50% JV for the Mbalam Iron Ore project. I know we might be giving away too much, but the funds would keep Sundance alive and propel us into production.
Sure, $99 billion profit a year is great, but can't we as a company survive on maybe $30 or $5 billion profit...
Just a thought!
SDL Price at posting:
33.5¢ Sentiment: Hold Disclosure: Held