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swanlinbar

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swanlinbar

Re: swanlinbar post# 123

Wednesday, 06/15/2011 8:31:23 PM

Wednesday, June 15, 2011 8:31:23 PM

Post# of 205
Re: Sundance Presentation From theenergy board

http://www.asx.com.au/asxpdf/20110614/pdf/41z6kn60wkpnnt.pdf

I also think that management touting 100M credit line in the US is significant because:
- No dilution coming: between cash being generated and the credit line they should be able to fund all of the foreseeable growth with out dilution.

- North American exchange listing is still on target for this year.

With oil prices and the new wells as an operator, below a dollar is going to look cheap in 6 months, I believe.

And so we are told this is the golden age
And gold is the reason for the wars we wage U2

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