SDL - Sundance Resources

[The Muffin Man]

lioness, does more than one person have access to your account?

"There is only so much the spin doctor Don Lewis can put out in their updated slides for the last 4 years. Time to deliver has already come and gone, merely just paying for their fat salaries now to the ultimate demise."

"The fact that it can never break 17 cents even when the all ords was 4950 is not a good sign. It moves in unison to a certain point and halts. That is because the spin must turn into something real at some point. Looks like the sun is gone and the dark clouds are gathering."

"They have gone silent LRG because they won't release anything major until the market is rising not falling otherwise news is wasted. As for partners, they have nothing and probably won't until after JORC of nabeba."

"Yes Zodiac, all those shares recently bought by Capital Partners of 145 mill and UBS and DB at 270 million combined are a waste of money as this project will not happen. What a joke. Of course it will happen and is happening as we speak. SDL are providing a future for their employment poverty problems. The govt is willing to put up to 25% of the cost of the project in. What does that tell you?????"

That was all within a day or so. So again, does more than one person use your account because you are going up and down like a yoyo.

 

[lioness]

lioness, does more than one person have access to your account?

"There is only so much the spin doctor Don Lewis can put out in their updated slides for the last 4 years. Time to deliver has already come and gone, merely just paying for their fat salaries now to the ultimate demise."

"The fact that it can never break 17 cents even when the all ords was 4950 is not a good sign. It moves in unison to a certain point and halts. That is because the spin must turn into something real at some point. Looks like the sun is gone and the dark clouds are gathering."

"They have gone silent LRG because they won't release anything major until the market is rising not falling otherwise news is wasted. As for partners, they have nothing and probably won't until after JORC of nabeba."

"Yes Zodiac, all those shares recently bought by Capital Partners of 145 mill and UBS and DB at 270 million combined are a waste of money as this project will not happen. What a joke. Of course it will happen and is happening as we speak. SDL are providing a future for their employment poverty problems. The govt is willing to put up to 25% of the cost of the project in. What does that tell you?????"

That was all within a day or so. So again, does more than one person use your account because you are going up and down like a yoyo.

HAHA no, I only have access but change as per the share price. Dr Jeckill and Mr Hyde

I will get my act together soon

 

[Zodiac]

You are misquoting me, I never said it won't happen, what I said is there won't be any announcements until both of these issues are sorted as they are fundamental to the project. There is no positive news on this front and are completely outside of the control of SDL.

Zodiac

 

[lioness]

I expect a revisit to the top of its trading range at 17 within the next few months but will never break that unless a significant announcement is delivered.

So, nothing to report here, come back in 6 months. See you then.

 

[CarbonSteel]

Where do you get your info from ma'am?

So....which one is it lioness? I have been following your posts but now I am confused.

By: lioness (May 27) I expect a revisit to the top of its trading range at 17 within the next few months but will never break that unless a significant announcement is delivered.
So, nothing to report here, come back in 6 months. See you then.

Re: SDL - Sundance Resources

--------------------------------------------------------------------------------

By: lioness (May 6, 14:10)

Muffin man, if SDL cannot secure a partner by 2010 end, I will be selling for sure. They have had over 1.5 years and with DB and UBS in now as substant. holders, I reckon that was the tick to say things are actually happening behind the scenes and not just bulldust from the CEO.

This will be above 20 cents by end of June. Just watch.

 

[Unhinged]

Think Lioness like many of us hopes for the best but is aware that investing in any exploration company has risk. We dont all vocalise our fears

 

[Miner]

Think Lioness like many of us hopes for the best but is aware that investing in any exploration company has risk. We dont all vocalise our fears

I reckon when President Obama can not fix the issues in world market, Kevin Rude is imposing high tax, Tony tabloid just does not what he talks about then let us take the shelter of double malt scotch with rock - they never give you stress and why worry for SDL or any of those shares with lack of leading edge. :jump:

 

[Richomania]

Noticed some interesting trades. Someone keeps buying parcels of 2 shares or so at 13.5, Seems like they are trying to keep the price around 13. Does this sort of thing happen often? I'm quite new to this and haven't seen it before.

 

[Johnny Utah]

Noticed some interesting trades. Someone keeps buying parcels of 2 shares or so at 13.5, Seems like they are trying to keep the price around 13. Does this sort of thing happen often? I'm quite new to this and haven't seen it before.

Richomania- Its probably an algo(bots) trading from the instos in the market which keep crossing the spread

 

[Richomania]

Richomania- Its probably an algo(bots) trading from the instos in the market which keep crossing the spread

Thanks for the explanation special agent Utah. unfortunately I'm none the wiser as I don't know what instos is. Bot I get, an automated process but why such small parcels with such regularity if not to manipulate the SP?

 

[jonojpsg]

Thanks for the explanation special agent Utah. unfortunately I'm none the wiser as I don't know what instos is. Bot I get, an automated process but why such small parcels with such regularity if not to manipulate the SP?

instos - institutions. Not sure what crossing the spread means tho? Probably something to do with manipulating the market

 

[5haretrader]

Algo trading can be a very frustrating part of holding stocks long term. The bots can mess with your mind if you lose sight of the long term picture. Will see 12.5cents tomorrow imo.

 

[lioness]

Algo trading can be a very frustrating part of holding stocks long term. The bots can mess with your mind if you lose sight of the long term picture. Will see 12.5cents tomorrow imo.

Looks like we may revisit 12 cents IMO, given the overall markets are set to decline again. WHo cares though if you are holding for the next 6 months, it will eventually take off when milestones are reached. Just been killing people sitting here for 2 years with not one cent gain.

 

[Johnny Utah]

Looks like we may revisit 12 cents IMO, given the overall markets are set to decline again. WHo cares though if you are holding for the next 6 months, it will eventually take off when milestones are reached. Just been killing people sitting here for 2 years with not one cent gain.

There is news out this morning on a investor presentation and a "Maiden 200 million tonnes resource for Nabeba deposit"

At the moment matching at 13.5c with a bit of volume. I agree who cares about these little fluctuations when your holding out for the long term.

 

[5haretrader]

Looks like we may revisit 12 cents IMO

or not.....

I'm sure we're both happy to be proven wrong. Great news for holders today. This bait should be even more luring for a partner now

 

[lioness]

or not.....

I'm sure we're both happy to be proven wrong. Great news for holders today. This bait should be even more luring for a partner now

Sharetrader you are spot on here.

Take note of Don Lewis last line in the announcement:

"the time is right for strategic partners to join this world class project?.

He is basically stating we are close to naming a partner.

 

[LRG]

Hello,

On page 3 of today's investor presentation there is a grapgh comparing "enterprise value" with other miners.

It shows SDL with an EV of $0.22 cf Fortescue & Kumba at around $8.00 EV.

Can someone explain the significance of this and this graph?

Also cashflow gragh shows about 5 years until psitive cashflows - is this when the SP will hit its peak? Mine life 25+ years. There have been various calc's on this forum estimating the SP from $4.55 to $10 +. Can anyone update the SP forecast based on the new data provided by SDL?

Still saying getting partners is a strategic target / milestone to close out in 2010 - rather than June as previous. Any one game to guess the SP once partners are announced.

At least we have some news

 

[bleach8]

Hello,

On page 3 of today's investor presentation there is a grapgh comparing "enterprise value" with other miners.

It shows SDL with an EV of $0.22 cf Fortescue & Kumba at around $8.00 EV.

Can someone explain the significance of this and this graph?

Also cashflow gragh shows about 5 years until psitive cashflows - is this when the SP will hit its peak? Mine life 25+ years. There have been various calc's on this forum estimating the SP from $4.55 to $10 +. Can anyone update the SP forecast based on the new data provided by SDL?

Still saying getting partners is a strategic target / milestone to close out in 2010 - rather than June as previous. Any one game to guess the SP once partners are announced.

At least we have some news

it depends on the terms of the finance deal ....ratio of equity and debt etc ...without these terms ...calculations are useless .....but it should be valued more than before

 

[lioness]

it depends on the terms of the finance deal ....ratio of equity and debt etc ...without these terms ...calculations are useless .....but it should be valued more than before

Bleach, spot on here. I would be guessing at 50 cents once partner is announced and 80 cents plus once debt/finance/offtake agreements announced.

Once production takes off, this should be worth $5 plus. Very similar to FMG but SDL is better because they will own the infrastructure and everyone else in the area including Vale/Rio etc will have to pay rent to use the railway and port constructions. I feel we are close to a partner being names as the first step.

 

[Richomania]

Sharetrader you are spot on here.

Take note of Don Lewis last line in the announcement:

"the time is right for strategic partners to join this world class project?.

He is basically stating we are close to naming a partner.

He is using encouraging language, but that doesn't necessarily mean a deal is close. He thinks its time but do the people with 3 and a half billion think so, I hope so.