Best summary is Sundance Resources is utterly and completely up the creek (and you know which creek I am talking about) without a paddle, no boat and the captain has been dropped off in the Caymans where life is really harsh apparently.
Has plenty of MOUs under the belt, around 7 billion script, burnt through hundreds of millions of $$$$ and will be the next big force in iron ore.
So put all you can into this company and we will all have a great Xmas.
Debt..... what DEBT.
Takeover, page-80
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