Reggieoo1, Funding must be in place by mid 2014 - if not they loose the tenements. These guys are shite-ing themselves because they have failed on each promise to date - I cannot say how many times at the recent AGM, these guys all of a sudden started hammering/talking over and over on the importance of their current efforts and the importance of "protect/preserve the company interests (tenements, licence and conventions). I believe they know there will be no extention after all the stuffing around and I think they know there are big player (vultures) waiting on the sideline to step in once they failed. Their newly advocated timeframes to get a deal signed up virtually coincides with the deadline for withdrawal of the convention - yet they pretend, and boast, an image of bravado and "untouchableness - earlier poster mentiuoned big player stepping in and take control once SDL lost rights - there is a very serious prospect of this now happening with these guys having played/stuffing around with nice stories to the public, congolese and cameroonian governments. I think they are all fed up and SDL will be granted no further extension. Clock is ticking big time and these guys better come out with clear statements how and when critical deadlines will be met - to date everthing has been 'grand ol' stories(i've posted on this issue before) - otherwise they will have to ANSWER to the SH big time.
These guys cannot deny that they've been put on notice and there'll be no room for hiding behind the corporate veil.
SDL Price at posting:
9.2¢ Sentiment: Hold Disclosure: Held
