these guys woul be planning even as we speak a replacement to take over should things fall apart.
probably one of the few things that mngt have said that rings true....
"Noble is a leading global trader of resource commodities and Blackstone and the D. E. Shaw Group are wellknown, sophisticated investors in the resources sector. They are funding Sundance because they believe in the upside potential that our company offers as we push forward in developing this world-class iron ore project.”
these guys will want to see the value way above current price and lets not forget good ole CDB with its $200m investment at .44c
SDL Price at posting:
9.2¢ Sentiment: Buy Disclosure: Held
