SDL 0.00% 0.6¢ sundance resources limited

sdl valuation, page-6

  1. 496 Posts.
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    Based only on the rumour mill, newspaper, this thread, the lack of volume / share price movement, and this thread full of totaal waffle 99% and 1% content woth reading:

    Imo it looks like jv must be a dead duck with xstrata or any other company that has been speculated.

    Hanalong look set to take over on reco from the board in the next few days / weeks.

    Board will have done their best for us share holders and willexplain that they were snookered by the chinese and have no more options.

    I suspect they are trying to sell allthe arguments that have appeared onthis forum re future value resource etc, but with no jv stepping up, no way of getting the finance alone off aus financiers - all they can do now is negotiate a SP above 50 c and then reco acceptance.

    I dont think they are negotiating as low as 55 or 60 c though.

    I think we will get between 70-75 cents.

    If this plays out i will have to trust GJ and accept as we all will.

    Sad it may not make it as SDL as we know it to $5+ in 2015/16.

    We may just have to take 75 cents inthe next couple of months and move on??

    Good luck fellow large volume shareholders!
 
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Currently unlisted public company.

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