SDL 0.00% 0.6¢ sundance resources limited

sundance dfs overview, page-6

  1. 188 Posts.
    Hi All.
    Just going thru a few figures & notes that
    G.J. told me back on the 29/09/2010 on the Gold Coast :

    A broker was about to come out with a SDL value of 66c.
    Cost - FOB will be around US$20/ton....
    If I.O. was $120/ton, that would give SDL US$100/ton profit, giving it a PE ratio of .31
    The project will pay for itself in 12 months.
    ---------------------------
    I did some cal's :
    When mining starts, On just the 35mil ton per yr that has been quoted, at US$100 profit per ton, = US$3.5 BILLION per year profit or = to $1.30 profit per current share.
    If you have a share that is yielding 10%, the value of that share should be = $13.00 or yielding 5% = $26 each.
    Just shows the scope of this project..
    ...you do the cal's if more, (50mill tons/yr)IO is produced & another 30-50 profit per ton is achieved.


    Any comments....?

    Gazza
 
watchlist Created with Sketch. Add SDL (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.