SDL 0.00% 0.6¢ sundance resources limited

Matt, you're bringing in far too many hypotheticals and guess...

  1. 7,556 Posts.
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    Matt, you're bringing in far too many hypotheticals and guess work to support your fundamental valuation.

    The fact is, there is still a huge amount of risk for SH. Without a viable JV, funding package and/or infrastructure, SDL will be worth bugger all. The conventions/permits will lapse and a big fish will acquire and develop it.

    That's my main fear.

    So to have the Stars of the Amateur Hour from the BCC thread coming onto the SDL thread touting 50c fundamental valuations of SDL is so frustrating because it's nothing short of ramping (ignorant ramping mind you).

    Had the statement been around "should we secure funding and a world class partner, SDL would be worth 50c+" that would be well received.

    Next thing we'll be hearing is "toot toot the SDL train is leaving the station" or some idiotic statement like that.

    I dig SDL. In fact, I might be in love with SDL but I am acutely aware of the risks - and they're quite high.

 
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