SDL 0.00% 0.6¢ sundance resources limited

knockers, page-6

  1. 227 Posts.
    A bet?
    A company with the stated goal to be involved in the iron ore industry and committed to "long term, stable partnerships with the international mining sector" has just invested in SDL.
    In know way is SDL in a riskier position than it was yesterday. If anything a possible JV partner has just invested a truckload of cash into this stock because a previous holder wanted to become more liquid. Its great to see another company have an optimistic view and a strong belief in this project. That makes me positive.

    Fundamentals of this stock are exactly the same as they were yesterday. VERY GOOD. We now have a new major shareholder with ties to the people we are trying to sell too!!!

    Not saying ST SP will go berserk because of this, but it no way makes SDL riskier!!! DFS still out in a fortnight, Finance within 3 months still and now we have a major shareholder that specialises in offtakes and financing!!!

    I had my bet when this company was a long way from where it is now, if you were willing to bet before, you should be doubling down now!!!!

    Ta,
    Beef.
 
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Currently unlisted public company.

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