SDL 0.00% 0.6¢ sundance resources limited

purpose of african visit ??

  1. 10,494 Posts.
    I speculate that HanLong is deep in faeces and China knows it. If China cooperates, former managing director Steven Xiao - who has absconded to China will be on a plane to Sydney within 24 hours.

    http://www.smh.com.au/business/innocent-employee-seeks-apology-from-hanlong-20120312-1uwgg.html

    Fan Zhang's account is very damning towards HanLong's senior management. Seems like the scam was being run from the top. Unfortunately, China just can't say they were ex-employees and wipe their hands clean.

    6 months asset preservation and travel restriction applied by ASIC gives a hint about the wait.

    I think the Africans (are getting really desperate and applying pressure on SDL and China to find a solution) to find another suitor. Perhaps that why they are all over there at the moment.

    The greed of several over a few million bucks will now cost the motherland billions.

 
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