Australia's largest stock trading and investment forum Australia's #1 stock forum

SDL

Click for more information

0.00%

0.6¢ sundance resources limited

I think you're right Squidd...Infrastructure deal prob won't...

First 47 Last

Share
Profile

Follow
baukaw

3,928 Posts.

81

20/12/15

18:27

Post #: 16654452
Share

Originally posted by squidd ↑

Hi baukaw,

IMO you've identified exactly the where the gamble is on this play.

If the Chinese want 100% of the project they can start the 9 month clock, order SOE's to halt discussions with SDL at the mine partner level, and wait for the Cameroon Government to strip the licences from SDL.

Another variation, the Chinese could indicate to the Cameroon Government that Sovereign funding will only be provided if a Chinese SOE controls 75% (enter your own figure here) of total mine equity.

Apparently though, you are not allowed to acknowledge these possibilities/risks if you are a shareholder. All you are allowed to discuss is sunshine and $1.66 rainbows.

Going back to the topic of this thread, which is what I was originally replying to... The above risks are why IMO the mine partner negotiations are the major milestone for SDL.

Cheers!

Expand

I think you're right Squidd...Infrastructure deal prob won't move the needle at all...and if it does will only provide traders a chance to trade & exit.

Only if a mine deal gets done will it get a little more of a re-rate...even then moderate.

It looks on balance difficult to see how they can achieve a tangible equity position if at all.

Cheers Squidd

SDL Price at posting: 1.1¢ Sentiment: Hold Disclosure: Held
1 Upvote

0 Great analysis

Reply

Top Stories

Making money: How many microcaps should be in an investor's portfolio?

'We're looking': Nickel-rich Indonesia sounds graphite warning to Aus producers

The Altcoin Landscape (Part 1): Key alternative cryptocurrencies to watch

Palladium's the newest geopolitical hot commodity. But ASX exposure is limited

Aussie inflation seemingly hit a 3 year low. So why's the ASX200 red?

MKT

The ASX can overlook its Telecomm small-caps. Here’s one diversified brand with an international footprint

What each US election outcome would mean for Australian companies & investors

MIN

Movers and Shakers: Zip Co, MinRes, Kuniko, more – The week's top ASX gainers

Week 44 Wrap: Relatively boring week ahead of US election; HotCopper's most watched; Oz inflation at 3.5%

Bitcoin hits fresh record as instos pile into BTC ETFs – and Trump helps, too

There are more pages in this discussion • 56 more messages in this thread...

First 47 Last

Add SDL (ASX) to my watchlist