Perhaps we will soon see the 47c valuation?:
"Sundance shares were recently (June 2010) valued by Stonebridge Securities Limited at $0.47 per share, based on a 10-year high grade DSO project at a long term iron ore price of just US$65/tonne, with no value applied to the itabirite resource. In short, we believe that Sundance is substantially undervalued given the scale and quality of its resources and its enormous growth potential."