SDL 0.00% 0.6¢ sundance resources limited

What I have learnt from SDL, page-120

  1. 7,922 Posts.
    SDL has a world class proven resource.
    The price of the underlying resource may not be the best at the moment.
    A 40+ year mine life of high grade ore.
    It's just stuck in the middle of a sub tropical rain forest with no transport at the moment.
    SDL's history also puts people off.
    Getting rid of the port/rail component was the best move they made recently.
    It gives hope for the mine, although SDL is now relying on Cameroon to organise funding and develop the infrastructure.

    Have a look around at other hopeful resource stocks priced at 1.6c, SDL surely has a future.
    Cameroon wants it as well as every other mine that could take advantage of the infrastructure.

    Once Cameroon announces funding, I am buying back in.
 
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