SDL 0.00% 0.6¢ sundance resources limited

mbarga south iron ore exploration

  1. 5,331 Posts.

    Looks like the 65% increase in iron ore contract prices might have started to wake the sleeping giant that is SDL, we are now due for the latest set of iron ore assays out of Cameroon, what most people are keeping an eye on is the scout drill hole at the Mbarga South Prospect because if they have success here SDL are looking at an extra several hundred million tonnes of high grade DSO ore.

    given the increased interest in the iron ore sector today due to the massive contract price increase any positive news from Cameroon will give a massive boost to SDL's shareprice, maybe we are seeing a bit of speculation today in anticipation of some good news.
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