Yeah right, GJ recommending a "no" to Hanlong when the 2 mining permits were no in hand and Sundance was just an explorer with no rights to develop and mine the West African IO province (that no company could possibyl bid for). Thinks the hedge funds would know very well the critical path of success to turn the table on HanLong.
Andres, I only remember what the chairman said on the record. And it wasn't a imaginery whisper in my ear.
As I have pointed out more than once: (no need to answer - it's really a statement)
Do you honestly believes that if the board didn't play along with this recomemdation, SDL (under extreme duress during the IO destocking masscare), it could have secured the extra cash from HanLong for the interim and got the CDB prelim approval (IMO only witheld as per China's revelation of state enterprises taking over and to deal with any competition) and the granting of mining permit.
As far as I am concerning, there is a high probability the recommendation is just a ruse. We will find out in the weeks ahead.
west australian, page-136
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