Hi All.Not sure if this has been posted before,sorry if it...

Hi All.

Not sure if this has been posted before,sorry if it has.
April 18th 2013

Sundance may consider the option of a takeover,although it is not actively looking to be taken over according to Casello.

The Australian junior is now also considering a low-capital strategy whereby an infrastructure provider supplies the Port and Railway for a tariff payment,backed by a guaranteed take-or-pay offtake contract with a Chinese,or Non Chinese,third party.,Casello said.

International Mining & Infrastructure Corp (IMIC) proposed a takeover of fellow junior Afferro Mining on April 17th 2012.

Afferro has also signed a memorandum of understanding with South Korean steelmaker Posco.

Were IMIC's proposal go ahead it could be a potential game changer for Sundance by lowering capital costs on infrastructure for Mbalam.

This would make Sundance's project significantly more attractive to potential acquirers. Chinese companies in the agreement to develop Nkout does not preclude a Chinese deal with Sundance.

Regards
Westcott.