SDL 0.00% 0.6¢ sundance resources limited

jorc, page-3

  1. 66 Posts.
    one can only speculate and the reasons for the extra drill rigs either indicate lack of resource i.e. more drill holes to find something or a greater resource and therefore to maximise the scope for the intial certification. my thesis would be the latter and these guys are going for the homerun. the cameroonian government is not only on board and supportive, it's a significant shareholder in this. i think the minute SDL is 'JORCed' this company will be one of the hottest targets on the ASX. i wouldn't discount Pallinghurst making a move, EU based steel mills or Chinese based interests (given other African investments). either way, we sit and wait patiently for this baby to recover (back above 40c) and then take off back to where it belongs. bring on the JORC!
 
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