SDL 0.00% 0.6¢ sundance resources limited

strategic partner update, page-9

  1. 1,107 Posts.
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    G'day lecram, maybe you should speak to HC about getting the "Sky Is Falling In" added to the sentiment option, because whenever you sell out, you always try to convince everyone that they share price is going to go lower. Don't come crying to anyone if you miss the boat, although I am tipping that you will crack under the pressure and buy back in today.

    As for the announcement, I think it is just a matter of going through the motions. I don't expect the market to react negatively, because it was already factored into the price and the market is likely to be up today, on the back of a strong US market surge.

    If SDL had of announced a strategic partner today, I would have thought that it would have been done prematurely, as there is a process for finalising negotiations, and potential strategic partners visiting sites in Cameroon and Congo along with meeting with the Government is all part of finalising the negotiation process.
 
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