SDL 0.00% 0.6¢ sundance resources limited

this is what i am being told

  1. 406 Posts.
    Hi all,

    This may be my last post for a while, but I have spoken to some people I know and this is what I am being told.

    It was a huge night in Cameroon with the PM and ALL his ministers for the signing - plenty of media there and it's front page news.

    There is real excitment "in-country" with this signing... maybe check out the Cameroon Times.

    Will there be a CR?

    Well it's one option as the next phase of this project will be very expensive, but there's also the option for one investor to exercise options which would bring in $20 million, which should get them to the middle of next year.

    Those options could be exercised if the share price is sitting at 10 cents or higher.

    SDL I believe thinks this announcement is huge and is stunned the sp has dropped 10 per cent today.

    My view is that it's a good story and will pay handsomely in time, but at this stage there will be some pain and some gain along the way.

    Cheers J
 
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