ANS austsino resources group limited

Sundance Legal Action Update

  1. 3,306 Posts.
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    FYI...
    SDL released their FY23 Annual report yesterday.

    Excerpts from that:

    https://hotcopper.com.au/data/attachments/5743/5743449-6a883142118c80ac90593fecd4b2d1ee.jpg



    And, whilst we're at it...
    By my rough calculations, and based on the past 12 months of cash burn, SDL currently had just under 9 months left, as of July 1
    Lets call it 5 months from today.
    Lights out in April, unless something changes.
    They're probably willing to accept almost any deal, just to keep the lights on?

    https://hotcopper.com.au/data/attachments/5743/5743463-0f078d0524654aa65ec6a14cc033ad83.jpg


    You can download the full report yourself from the usual spot.


 
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