No one else existed,funny that all of a sudden we are getting positive comments about interested parties since the Hanlong offer terminated.
OK,so we waited for Hanlong to complete,what happened and how long did it take to get a result of nothing in the end? We did as you and the Group suggested and allowed it to go through the motions. Complete failure. Stick with Hanlong. Stick with the Directors to get us the best deal. They are some of the very best Directors in the iron ore industry. Where did it get us. As was stated by the YES Group,it would make no difference what we small shareholders said or wanted,the big end of town would get what they wanted and that was a YES Vote for a Hanlong take-over. The Yes vote was over the line months ahead of any formal vote taking place,done and dusted the group said. What happened? Why did we have to wait for over 18 months for to-days share price? Now those same Directors are saying they are now,Not looking to sell the company,they prefer a joint venture of some kind or an off-take agreement to fund the infrastructure. That was what we were told prior to the plane crash in 2010,thee years ago.
Regards Westcott.
SDL Price at posting:
10.5¢ Sentiment: None Disclosure: Held