SDL sundance resources limited

if things go as planned and result are in line with predictions...

  1. 290 Posts.
    if things go as planned and result are in line with predictions i am hoping for a dollar.

    huge potential as their first target is the mbarga prospect where they hope to get jorc resource of >billion tones grading >60%fe. this is just one prospect which covers 2.5km of a 35km prospective strike.

    towards the end of the year they hope to have more rigs and start some exp drilling at the Meridional prospect (in the new extension lease) and Metzimevin prospect

    inevidably they could have 2-3billion tonnes >60%fe, you do the math. my math tells me fmg five years in the making except the advantage of lower labour costs and not as big a skills shortage.

    DYOR
 
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