SDL sundance resources limited

not happy jan......, page-4

  1. ap2
    15 Posts.
    Totally agree

    Sometimes some of believe you have given away something for next to nuthin

    Fact 1. Sdl was 32c pre insider buying and bid

    Where would it be now if there was never ever any bid

    Answer.... 24-28c

    Fact 2. The board have been around the iron ore game and involved in Chinese negotiations with other co's for a while...don't doubt their integrity to get the best price possible

    Fact3... Global markets are cactus now and for a while I'd imagine...these sovereign issues will not go away for a long time

    Fact 4... If the vote got voted down - lord help us it doesn't - we are 30c

    Fact 5 JV still hasn't occurred with other parties....whom in this market are are probably saying SDL it's 60/40 or we walk...not many options left

    Fact 6 debt markets shot to pieces

    Fact 7 let's hope a rival bidder is around...this maybe our chance for a higher price

    I think SDL is a cracker company with a world class deposit ...I also recognize that the world environment is extremely difficult and our alternates aren't that great

 
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