SDL
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0.00% 0.6¢ sundance resources limited

support is strong buy, page-3

  1. sohoisnotforsale
    6,296 Posts.
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    09/04/13
    14:42
    Post #: 11621713
    im putting serious long term support at about 12c, and 8.5c



    the serious question is whether a project with such a large capex requirement is seriously going to be developed any time soon, given the impending doomsday scenario of a massive oversupply of IO...

    still, trade the trade... who cares if it gets developed if you make money...
    SDL Price at posting: 11.5¢ Sentiment: None Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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