SDL 0.00% 0.6¢ sundance resources limited

iron ore $ up., page-53

  1. 3,925 Posts.
    lightbulb Created with Sketch. 79
    Teamwilly

    Great post

    Your prepared to vote NO and see a shareprice fall to 15-18c, sack the board and look elsewhere....I think 10-15c but that's a mute point...

    Given you just voted NO, no counter or JV emerged, the board is sacked.....can you tell me your next step?

    Westcott - he's also a NO vote which I have no issue with.

    Just can you guys give me a viable solution to the situation we would be in then?

    Again Hanlong voted down, no counter has emerged and no JV...

    The next step? Give me the logical next step?


    Westcott - your Q -i feel this is a China deal...they have controlled the convention discussions, the funding, the infrastrucuture, have major stake in SDL etc..you will say they had no right to be involved in africa negs...when u have 6b on the line u have every right... I find it hard to think in this environ a 6.5b deal is on a lot of majors minds....I think a counter is an outside chance but I hope for it...as you said we will know in 2 months..JV no chance...if we couldn't do one when spot was 160 and credit was easy....no chance now..
 
watchlist Created with Sketch. Add SDL (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.