SDL 0.00% 0.6¢ sundance resources limited

voting no - what is the worst that can happen?, page-111

  1. 6,565 Posts.
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    Baukaw I do appreciate your previous insights into the direction of SDL and information ahead of announcements but I am certainly not going to be bullied or blinded by the mind numbing repetitive BS propoganda by some desperate posters on this thread...for both sides..you included...

    I have not indicated which way i am going to vote yet..but having said that if nothing else comes out of the woodwork in terms of counters etc, you would have to think that the Yes vote would romp it in, in absence of something better...

    NDRC and CBD are directly involved and very supportive of the project not to mention Chinese companies securing MOU for the port and rail and the committments they have already made in this area...billions will be made by whoever eventually owns this company...

    either way IMO it will definately be takenover. There is an outside chance that it may not be howlong and in addition that there may be a counter...that is possibility that cant be denied...i dont think the above will result in a no vote though...just a change of owner or increase in offer price..

    The last i heard we had already secured funding for the takeover has something changed...they have not disclosed any details beyond funding the Takeover price...

    The $6bn you quote would include the Takeover price...plus start up CAPEX for Stage 1...$6bn is not that unusual a cost for a greenfield start up of this size..once taken over any funding issues would be irreleant to current shareholders...

    One thing is for certain DD is getting very close and which will hopefully put all this speculation to bed....we wont have to wait long for the outcome...


 
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