SDL 0.00% 0.6¢ sundance resources limited

Wal King Lucky?, page-47

  1. 10,494 Posts.
    The challenge for the board is to convince holders why accepting a T.O when you have been saying (since June) you have $3.5B of indicative debt funding from ECA, DFI and commercial banks (with Standard Bank's balance sheet backing) + African governement support and extensions for mining conventions.

    All in context of $21/T DSO with an infinite Itabirite resource good for 100 years and an EPC rail/port to unlock the IO riches across 4 countries ?

    Tough one especially if the IO spot price start rising again to those $90s level.
 
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