SDL 0.00% 0.6¢ sundance resources limited

Whats the signal?, page-101

  1. 1,200 Posts.
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    Lion,
    SDL has done more work and spent much more money than anyone else in the region. A fact.
    Whether it is unbalanced or not my view is that at current iron ore prices none of the projects in the region are worth much.
    The market agrees with this assessment hence the share price of circa 1 cent. I can stop posting but the market will not stop telling you a balanced truth in what your shares are worth.
    In this environment I'm not sure management should be proud of how much work they have done or if shareholders should be happy with how much money has been spent, and continues to be spent, chasing a business that has little or no market value.
    J9
 
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Currently unlisted public company.

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