http://resourceinvestingnews.com/53390-sundance-launches-discussions-with-potential-investors-after-terminating-hanlong-deal.html
Resource Market News Return to Resource Market News Directory 1Sundance Launches Discussions With Potential Investors After Terminating Hanlong Deal2
Tuesday April 9, 2013, 4:43pm PDT Mining Weekly reported that Sundance Resources has resumed trading on Tuesday and announced it has launched talks with potential investors regarding an interest in the company’s Mbalam-Nabeba iron-ore project.
As quoted in the market news:
“Sundance’s Mbalam-Nabeba project is significantly more valuable today than when the Hanlong bid was first made,” Jones said, referring to the fact that the ore reserve had increased from 352.3-million tons to 436.3-million tons, and the high-grade hematite resource had increased from 521.7-million tons to 775.5-million tons, at 57.2% iron.
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