SDL 0.00% 0.6¢ sundance resources limited

ready to take the plunge, page-19

  1. 5,132 Posts.
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    Needforspeed. This is an interesting thread. There have been some good comments here re: risk.. I have had a bit of experience over the years investing in mining speccies, and more recently the iron ore sector.

    SDL presents well as a emerging business case. However it still has a number of boxes to tick on the path to production - the expectation is that this will be done.

    I am entirely debt averse in all my investments. My thesis is that investing is a marathon pursuit, and that over the course multiple years, if you have the right approach to stock picking - and some luck, you should be able to build wealth over time.

    I would say to anyone new to the market to be as much as possible debt free in your initial years, and if possible continue the habit. Or in your own case needforspeeed, keep the debt minimal, under control, and pay it back as a priority.

    Cheers & good luck with SDL
 
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Currently unlisted public company.

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