Positive update all round, look forward to official drilling results.
Sundance CEO Don Lewis noted that engagement and planned site visits were continuing with a shortlist of potential strategic partners including major steel mills, mining houses and conglomerates. ?Our discussions with prospective partners and customers are progressing well and providing important input into our development planning, the Definitive Feasibility Study and our target product suite,? Mr Lewis said. ?What continues to stand out is the scale of the Mbalam Project and its potential to be a long term source of large tonnages of premium quality products. Prospective partners also recognise the opportunity for development of a regional iron ore industry in West Africa capable of becoming one of the world?s leading producer regions. These attributes combine to make the Mbalam Project an exciting development proposition.? ?The drilling program at Nabeba is delivering very promising early results and progress will accelerate with commencement of RC drilling. Our work on EP92 is also continuing to generate excellent results from in-fill and metallurgical drilling, with the potential to enhance our resource inventory.?
SDL Price at posting:
15.0¢ Sentiment: None Disclosure: Held
