Australian (ASX) Stock Market Forum

SDL - Sundance Resources

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Dear Mr 1234 et al

MHO is you please refer to today's announcements in ASX from SDL.
This company iron base is excellent 60% compared to FMG 58%, Rio /BHPB 59-61%.
Its Feas study looks like excellent.
Please look at their investor presentation even if it was marketing ploy. People investing millions are not fool there.
They have done a share placement
When every one was down then SDL got a good support at 40 cents with heavy sales order. Of course there are parties behind to support. Don't you like that to support a fall.
Southern Equities has recommended SDL to its clients.
At least three big brokers went overseas to visit their plants.
Chart only predicts from past. Fundamental is the thing for future.
Choice is yours : live in past glories or earn cash on future tradings.
I invested a paltry sum from my young son at 40 cents - He is ready to reap on it. I was never lucky in other shares and mostly they were dud. But this time dad did not become dud.

I am not ramping -just saying it has good basis.
 
Miner said:
I invested a paltry sum from my young son at 40 cents - He is ready to reap on it. I was never lucky in other shares and mostly they were dud. But this time dad did not become dud.
Click to expand...

Good on you Miner, there should be more parents out there like you, thats a great thing you have done for your son.
Me thinks this dad may become dude very soon!!!!!
 
Miner said:
Dear Mr 1234 et al

MHO is you please refer to today's announcements in ASX from SDL.
This company iron base is excellent 60% compared to FMG 58%, Rio /BHPB 59-61%.
Its Feas study looks like excellent.
Please look at their investor presentation even if it was marketing ploy. People investing millions are not fool there.
They have done a share placement
When every one was down then SDL got a good support at 40 cents with heavy sales order. Of course there are parties behind to support. Don't you like that to support a fall.
Southern Equities has recommended SDL to its clients.
At least three big brokers went overseas to visit their plants.
Chart only predicts from past. Fundamental is the thing for future.
Choice is yours : live in past glories or earn cash on future tradings.
I invested a paltry sum from my young son at 40 cents - He is ready to reap on it. I was never lucky in other shares and mostly they were dud. But this time dad did not become dud.

I am not ramping -just saying it has good basis.
Click to expand...

Good stuff the key is not to let your son touch them.. I was bought a parcel of Woodside when I was young and sold them at $9 to buy a car.. The car is now worth nothing the shares are around $45 last time I checked....
 
Hi fellas, Im new here but am a holder of SDL as of tuesday.. I have been following this stock for quite some time and have a copy of this report from southern equities.. Just a few quotes out of it that got me excited:

" I think once a few larger brokers start covering Sundance in coming months the stock will be well north of $1.00 and I think its going a lot higher near term."

"If you use this years lump price of US$1.02 then the received price would be around US$62.00 FOB meaning that margin would expand to US$47.50 per tonne and multiply that by 35mpta of production and you get EBIT of US$1.6 billion meaning SDL is trading here at 50c (market cap US$740m) on 0.5x EBIT…I don`t mean 5x I mean 0.5x!! Thus SDL must be the cheapest iron ore company in the world in my view."

"Attached is Sundance`s latest presentation…I reckon the guys investing in this stock are clearly of the view this is a $3-4 stock through time and right now on a risk reward basis it looks very cheap right now and I think the last market meltdown a few weeks ago shook a lot of the hot money of the registers of small and mid cap mining stocks and thus on any good news I can see how SDL can easily run to $1.00 on good news."

Very exciting stuff,... will accumulate this one anything below 60c.

Feel free to comment.

Cheers
 
SDL has a big deposit of Fe deposit. That is what the market excited about.
But that information is there when SDL's price is 16c to 20c. It is very hard for me to believe this information has not absorbed into the price after 3 months.
So, I think 30c is ok for SDL if no further good news coming. I think SDl will back to 30 to 40c level if no good news coming next week.

SDL is not necessarily the best share to do long term investment. Of you have reason to believe so.

FWL has iron project. RVR has iron project, CFE has iron project, ARV(mapplo) has iron project, ACS has iron project, Mmx has iron project, GBG has iron project.Yml has iron project etc etc. why SDL has to be better investment than others? I doubt if all the iron projects come into production, what the iron price will be? and Most of them can produce earlier than SDL.

above all, I do not think 60c is cheap for SDL.
 
I agree with the last poster. Whilst I am heavily into GBG, I am always looking for the next GBG. From a strictly chart view point this share could very easily be heading towards $1 in the near future, but I suspect it will not get there.

I repeat from yesterday:

(i) this is one of the best charts (MACD, DMI and volume all positive) I have seen in recent times - refer my post yesterday for chart
(ii) I am NOT a holder of the stock and therefore personally am not concerned if any subscriber accuses me of ramping the stock
 
my own technical comparative analysis between sdl and other iron ore's made me sell my 1million @ 8 cents; 500000 @ 17cents, 500000 @40cents. there is something interesting about the management team that makes up sdl and they seem pretty good at driving the share price even when the arguments about the fundamentals are unproven. look at the investor presentation materials that still relies on UNDP figures to spark interest in the potential of the project. all of their current drill holes (not 100% sure if i am 100% accurate on this) are in areas previously worked on by the UNDP financed project. is the stock expensive @ 60cents. who cares if you are trading the stock as opposed to investing in the company???

of more importance to me is whether the credit crunch will affect their ability to finance future infrastructure rather than the oversupply of iron ore. look at BHP's feasibility project in iron ore for 2010 - who cares about the other smaller speculative.
 
Wow todays movement was eerily similar to junes followup to the spike.
Who says history never repeats?
Guess we will see this drift along til the next bloodrush
 

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springhill said:
Wow todays movement was eerily similar to junes followup to the spike.
Who says history never repeats?
Guess we will see this drift along til the next bloodrush
Click to expand...

I reckon I did?? lol.

Funny eh... It's all good........... Like I said before, what's making this stock move??

The action on this in pre-open was horrendous.. silly in-fact.. All hype & games imo. As long as u guys are making money in the game, then all is well!!

1234 said:
history repeats eh..

look at the identical situation in June.

bit of a worry??
Click to expand...
 
hi guys,

Just took a look at sdl and gbg, the cap of sdl is over 1 bill, whereas gbg is 800 million. does that mean that the value of the estimated reserves for sdl is considered more than gbg. as the cap reflects that it is more.

Also a holder of gbg. Just trying to work out how cheap this stock is? Is it cheaper than gbg? if so is it to do with the grade of the io.
Article on this stock in fin review friday, interesting that the chairman on gbg is also chairman of sdl.
 
Well now we know why SDL has had a rocket in recent times. The following extract from an article published in today's Age on BusinesDay 4 is provided...

Iron ore hopeful Sundance Resources Ltd has appointed coal baron Ken Talbot as a non-executive director of the company's board.

The appointment came after Mr Talbot's investment vehicle - Talbot Group - amassed a 19.6% stake in Sundance, making it the company's largest shareholder
 
I am not too sure that Talbot being on the board of SDL is changing anything so. I can see a lot of common ground between SDL and FMG. FMG was around this share price few years ago and now is over $39.

I don't think SDL share price has stopped sky rocketing so. Specially if Iron ore negociation increase the iron ore price. When are these negotiations taking place? Any idea?
 
EZZA said:
hi guys,

Just took a look at sdl and gbg, the cap of sdl is over 1 bill, whereas gbg is 800 million. does that mean that the value of the estimated reserves for sdl is considered more than gbg. as the cap reflects that it is more.

Also a holder of gbg. Just trying to work out how cheap this stock is? Is it cheaper than gbg? if so is it to do with the grade of the io.
Article on this stock in fin review friday, interesting that the chairman on gbg is also chairman of sdl.
Click to expand...

GBG - Main project magnetite.
SDL - Hematite.

Worth doing some research into the difference, but in short magnetite costs a lot more to produce (Power, water, capital etc).

Both great companies though IMO.
I hold GBG and have traded SDL. Will take a longer term hold in SDL when I think the timings right.
 
wat da!!! 0.7 for sdl! talbot and jones better create some magic soon. noticed other metals going up significantly today - hope you are making lots of money!!!
 
any ideas on where this increadibly heavy buying power might be coming from @ 0.7 - 0.705. someone on the yahoo chat says it might be the chinese buying into sdl. anyone heard anything about this rumour???:eek:
 
There was a article in THE AUSTRALIAN today about some Chinese company buying a big stake in SDL - That may explain the recent rise of SDL.
 
Yaaa.. may be Uncle HU wants all the ore in the world to build another Great wall of china with metal...

Who cares about the rest, as long you are making the $$
 
vjindal said:
There was a article in THE AUSTRALIAN today about some Chinese company buying a big stake in SDL - That may explain the recent rise of SDL.
Click to expand...

Do you have a link to this article? I would be very interested to read it :)
It would and will explain future rise of the stock if that is the case.
 

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