Hi guys
I don't who is right or wrong, but this site says $0.57
I guess we will find out tomorrow
http://www.metalbulletin.com/Article/3069422/Raw-materials/China-approves-Hanlongs-17bn-Sundance-acquisition.html
China approves Hanlong’s $1.7bn Sundance acquisition
August 01, 2012 - 11:40 GMT Location: London
KEYWORDS: China , Hanlong , Australia , Sundance , Cameroon , Republic of Congo , Mbalam , iron ore
China’s National Development & Reform Commission (NDRC) has given its approval to Hanlong Mining’s A$1.65 billion ($1.73 billion) acquisition of Australian junior miner Sundance Resources, a spokeswoman for Hanlong told Metal Bulletin on Wednesday August 1.
“The NDRC approved the deal on July 30,” Hanlong said, adding that the deal was only announced later. The takeover includes the Mbalam iron ore project on the border of Cameroon...
cheers
bouhr
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