SDL 0.00% 0.6¢ sundance resources limited

nice chart setup, page-12

  1. 15 Posts.
    Thoughts on next best move:

    On a Enterprise value to resource Sphere Minerals on the surface does appear more attactive.

    However Sundance has a better relationship politically and also has a higher grade resource.

    More importantly Sundance does not have any large blocking holder on their share registry (eg. no Chinese or Indian interests).

    I really do not understand why Xstrata would not approach Sundance vs Sphere Minerals in terms of a Joint Venture Agreement / offtake agreement. As the bidding war for Sphere Minerals increases, it makes Sundance increasingly the most compelling opportunity in Africa as an Iron Ore partner.

    DYOR,
    KJ
 
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