SDL sundance resources limited

afternoon repeat, page-84

  1. 6,052 Posts.
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    How quickly people forget how GJ stepped into the breach after the terrible plane tragedy. Keeping the show on the road, reassuring investors, Cameroon government, suppliers, future partners, at the same time as comforting grieving relatives.

    Also, give him credit as a stock promoter for getting the shares up to 50c before the Hanlong bid emerged. I mean, if the shares had been trading at 20c, you wouldnt have had a 50c bid ( which GZ was then able to get them to increase ).

    GJ seems also to have delivered on all the things SDL has been required to do under the agreements.

    However, at of the day, you can lead a horse to water, but you can't make it drink" which seems to describe the Hanlong scenario well enough. Whether that is really Hanglongs fault or simply the enormity of the $6 billion undertaking in the context of a declining resource market, I dont know.

    A rambling way of saying I agree 100% with Squidd"s post !
 
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