SDL sundance resources limited

Hi (Matt747)I have posted several times that there are at least...

  1. 8,602 Posts.
    lightbulb Created with Sketch. 40
    Hi (Matt747)

    I have posted several times that there are at least 100 years of production just for the Itabirite.

    I have an email in front of me to Peter Canterbury from Monday,8 August 2011 at 12.08PM.

    I said I would like to see Sundance Resources progress to production.
    Even if we have 40% of Mbalam and Nabeba would still be a good thing for the company. We can then drill Letioukbala and Elogo if it is viable.
    We can then also apply for more prospects or take over other areas of interest. At least these prospects would be at least 80% owned.
    Said most other companies in West Africa seem to produce figures of what they think they have in the way of a future resource figure.
    Sundance only gives a figure that is backed up by a JORC resource. I feel you are right in doing it that way. On the other hand companies who give a figure based on what they think they have seem to attract funding far quicker.

    I believe if we drill a few deep holes into the Itabirite at Nabeba, Meridoinal, Metzimevin and a few other areas of strike it would allow us to give a far better future outlook and attract bigger attention about the company.

    Look at the date of this email to SDL and when the 9 to 13 Billion tonnes was announced.

    I spoke of posting on HotCopper about there being ten's of Billions of tonnes of Itabirite. Said I believed we would have 20 to 30 Billion tonnes at least in strike areas.

    I said I feel for the surviving Family members of the plane crash if Sundance Resources are taken over at such a ridicules price, instead of taking it to production.
    It will be a kick in the guts for the families of the plane victims to see the end of a dream come to an end.
    If Sundance Resources keep going in its own right, their dream will keep going and give them comfort in knowing their loved ones did not die in vain.
    They will be able to keep a light shining for many years to come and be proud their loved ones helped to create this great company.
    If we fall to Hanlong their light will go out.

    Regards
    Westcott.
 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.

Currently unlisted public company.

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