SDL 0.00% 0.6¢ sundance resources limited

hmmmm,1.8 billion shares on issue.$2.5 billion infrastructure...

  1. 5,048 Posts.
    hmmmm,

    1.8 billion shares on issue.

    $2.5 billion infrastructure required.

    $20 million cash.

    current market cap $717 million.

    market cap at $3 = $5.5 billion.

    will $20 million be sufficient funds for PROVING A RESOURCE, a bfs, infrastructure and development etc etc?

    they are forecasting expenditure this qtr of $6 million and they have only recently arrived on sight and the qtr is nearly over.

    sorry but i don't get it. most should be very happy if sdl maintained their current gains without being overly greedy and i would say the long termers would be but maybe not those that piled in at 35c.

    cheers







 
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