SDL 0.00% 0.6¢ sundance resources limited

SDL Rebound?, page-118

  1. 6,565 Posts.
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    Options due to expire in Aug 17, SDL only needs 12.5% to be exercised to generate 2million in working capital. The half year report is quite different to others and has a lot more detail. Note 2 Mine development was interesting and the fact that no further impairment was taken up due to improved conditions.

    The clincher though is working through options on the E92 extension, that will be the next hurdle to jump over. Given the extraordinary circumstances of the GFC and IO slump you would think that an extension or alternative of some type will be forthcoming. IMO it is in the interest of the government to see that it happens.
 
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Currently unlisted public company.

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