SDL 0.00% 0.6¢ sundance resources limited

the australian, page-49

  1. 1,419 Posts.
    Another who knows nothing of the JORC/ASX reporting guidelines

    Seems to be a comprehension issue on the SDL forum, I did not say the mine would not be able to operate for 100 years, I mearly stated that SDL could not say so due to the fact it has not classified enough resources to do so.....

    regardless the 100 year argument is irrelevant, anyone who knows anything about DCF valuation knows that after 10-20 years the amounts start to be discounted so heavily that their relevance to present value diminishes, plus who forecasts prices or costs 25 years out......

    Any corporate looking to bid would have been through the data room, SDL can make as many "sing from the rafters" statements as they want.....will not affect the sp one bit....

    As for the chinese spending $20b......where did you invent that number from...

    Im done here i think......

    hopefully we get some good news in a couple of weeks
 
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