Following the tragic death of its entire board and its consequent voluntary trading halt in June 21, Sundance Resources Ltd (ASX: SDL) stocks plummeted as the company re-emerged from a month-long market trading respite.

With about 40 million shares being traded by 1115 AEST, Sundance shares slumped by two cents or 15.38 percent to end up trading at 11 cents at around the same time and still managing to move the most stocks by volume so far.

The company's board perished when their plane crashed in the Republic of Congo while en route to Sundance's Mbalam project in Cameroon on June 19.

Even so, Sundance continued its business operations and on Friday last week, the company announced that its Mbalam project has been given an environmental approval as it added that negotiations are underway with potential strategic partners who could be interested in building, operating and financing key project infrastructure.

The company also revealed that shareholders are scheduled to decide on August 16 the fate of reinstated Sundance chairman George Jones, who could be formally appointed and joined by commercial lawyer Michael Blakiston, investment banker Adam Rankine-Wilson, mining industry stalwart Barry Eldridge and former KPMG partner Fiona Harris as possible board members.