What will u do then if Hanlong walk.....its taken 16months to get here...
Hanlong and China can play chicken....they have the chequebook!
No-one else does...i havent seen $1 from any other group except Hanlong.....Not $1!!!!
Hanlong have done a far better job of raising cash then SDL has
You all think SDL is the eternal pot of gold....it aint....yes its a tier 1 asset....but you so flippantly forget the sole key ingredient...$5b Capex
If its so cheap....why has no other player EVER bought a position, entered into a JV or had a crack at us....EVER
We may get our permits in Mid Nov....what u all gunna do then....when no-one else steps up.... Complain some more
Please dont go on about recent vals and iron ore prices...hardly relevnt...we are years away from production....iron ore prices today mean nothing....but to your point its still 30% below than when the original deal was struck.
Can you give me some recent examples of iron ore deals, in africa, with the same capex so we can compare?
Dont get me wrong SDL is a quality stock.....but we are in a corner....we dont do a deal soon....its turn off the lights...
Great job George, Guilio and team for a deal....im sure the current and previous boards goal was to at least achieve some shareholder value..
Fact is....we are worth what someone will pay....thats 45c.....if anothrr group was keen they coukd step up on the provision of conventions.....dont see any interest there so far
Im taking 45c......risks of going it alone going back cap in hand to the old groups who once showed interest to do any deal doesnt enthuse me...
SDL Price at posting:
35.5¢ Sentiment: None Disclosure: Held
