SDL 0.00% 0.6¢ sundance resources limited

presentation, page-46

  1. 3,924 Posts.
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    Foolsgold

    "Also said that the key issue is how much equity SDL has to give up as part of the deal"

    This is the most critical point..really its irelevant whether the Chinese Or Euros are awarded the EPC(i) tender...and for that matter the EPC(m) tender...this is not really that sensitive to Sundance

    the Critical point is how much equity in the partial mine sale does SDL give up?

    If we need to find 30% equity and the rest is debt funded...SDL will need ~$500m (incl WC) in total...this is issue we are facing..

    It appears there is no news on this shortly (if Stured is right) and GJ stressed that this will be not finalised until year end..

    Sorry..but you can post as much as you want things are good and good luck holders wea re very close...stock aint moving it looks until end of year as this is resolved
 
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