MARKETS SPECTATOR: Sunset for Sundance?

Following the collapse of Sichuan Hanlong's bid for Sundance, it's hard to see its share price recovering.

Sundance Resources’s narrative reads like a Raymond Chandler novel and its stock price like a Greek tragedy. The miner told Business Spectator yesterday that it was in talks with a number of potential investors, Chinese and non-Chinese, who may be interested in pumping money into stage one of a 10-year $4.7 billion Cameroon and Congo iron ore project that encompasses mines, roads, railway and a port.

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