resource and project update..., page-3

Well well... I will

This will result in significant cost savings and ensures prudent management of the Company’s cash resources.
Sundance had cash reserves of $32.7 million as at 30 September 2008

Look forward to see who puts in pen on paper.

“Interest from a number of international steel mills and potential off-take partners has been high. These
parties recognise that the Mbalam Project is a potential long-term source of high-quality iron ore products and
they have already provided valuable feedback on the development strategy for the Project. Our view is that
these strategic off-takers will continue to support the development of new independent
producers to ensure diversity of future supply from major, new projects.”