Government Relations Cameroon - "The company aims to finalise commercial and development terms for the Project in Cameroon by the end of June 2011". Similar story for Congo.
Q- Is the the government permits?
Strategic Partners: "Sundance is pleased with the progress that has been achieved in recent months and looks forward to successfully concluding arrangements for the introduction of strategic partner(s) to the project and confirmation of project financing and final investment decision prior to the end of 2011."
I would assume (never safe to assume) that the project financing is this quarter and the final investment decision is by the end of the year in line with the investor presentation.
SDL Price at posting:
43.5¢ Sentiment: LT Buy Disclosure: Held
