mining tycoon sentenced to death, page-49

Hi Butcher - just as other opinion, the SDL stake is not a Hanlong asset - it is a CDB asset. My take is that CDB will hold - no reason for them to sell it given that their own vals must have been in excess of its current value - significantly. I think still a play for them and I hope the Europeans get up for infrastructure so that things get interesting. If China interested (I think they would be) then they have 14% stake they could bid up on, That's good. With Noble in the mix, even better.

In any case Hanlong assets will be seized but we need to remember that the SDL stake is NOT a HL asset. It is a CDB asset. (China Development Bank for those who don't know the acronym)

IF, and I don't think this is reality, CDB was to offload their stake then I would be looking to see who that buyer was off market. It wont be sold via the bourse.....just like the Talbot stake wasnt.

If we see weakness on the back of that article, shows a lack of understanding and it will be a buying opportunity IMO. A good one.