BREAKFAST DEALS: Sundance's new dawn

Sundance considers its options after the Sichuan Hanlong affair officially ends, while a Billabong announcement is imminent.

For the first time since July 2011, African-focused Sundance Resources isn’t the target of China’s Hanlong Mining. Three questions come to mind about what happens next. Former Billabong director Paul Naude is odds on favourite to win the embattled surfwear company at 60 cents a share. Meanwhile, the prospect of IPOs in the healthcare space is gaining momentum, while fund managers are issuing warnings about the potential for Rio Tinto’s aluminium problems to suck some life out of the Mighty River Power float.

Sundance Resources, Sichuan Hanlong Mining

There are three questions facing Sundance Resources this morning as the wreckage of the $1.38 billion Sichuan Hanlong Mining takeover offer lies at its feet.


{{ twilioFailed ? 'SMS Code Failed to Send…' : 'SMS Code Sent…' }}

Hi {{ user.FirstName }}

Looks like you've already taken a free trial

Please enter your payment details

We have sent you a code via SMS to {{user.DayPhone}}

please enter this code below to activate your membership

We cannot send you a code via SMS to {{user.DayPhone}}

If you didn't receive SMS code please

SMS code cannot be sent due to: {{ twilioStatus }}

Please select one of the options below:

Looks you are already a member. Please enter your password to proceed

Please untick this box when using a public or shared device

Verify your mobile number to unlock a FREE trial

Please sign up for full access

Updating information

Please wait ...

  • Mastercard
  • Visa

The email address you entered is registered with InvestSMART.

Please login or select "Don't know password"

Please untick this box when using a public or shared device

Register as a new member

(using a different email)

Related Articles