Stitch up, page-11

Alsasser,

I tend to be in agreement with you, but with one qualification...

The Mbalam-Nabeba Iron Ore Project straddles two countries.
Mbalam (Cameroon) and Nabeba (Republic of Congo).

Whether Mbalam can proceed without Nabeba is doubtful...

I grant you that Sundance Resources (SDL) position is very weak and ready to fall.

The only card they hold that may save them is Nabeba. But this can also fall into the hands of the Chinese very quickly if the permit for Mbalam is taken off SDL. The ROC may
withdraw their mining permit also.

In truth there is not much upside for SDL and its shareholders....

But if by some miracle they are able to get this project up, it will be the biggest come back by a dead and buried start up miner (punching way above their weight) of all time.

Waiting, waiting, waiting..........