Here are the facts. I know how some don't like to do actual research or even read but all information is from SDL announcements and is available from SDL website (fact check).
Mr Sheyko has about 30 years of international management and leadership experience in investment banking and corporate finance, primarily in energy, resources and mining and infrastructure. Mr Sheyko holds a BSc (Economics) from Moscow State University and PhD (Economics) and an MBA from the Academy of Foreign Trade, Moscow. Mr Sheyko will be a representative of Wafin Limited which funded Sundance via $40 million convertible notes in 2014, (refer to the ASX announcement of 3 September 2014 for full details). Mr Sheyko is a member of the Group Executive Committee of Consolidated Minerals Limited which has operating manganese mines in Ghana and Australia.
“As the strategy of developing the infrastructure separately from the mines progresses this has further reinforced Wafin’s belief in the future success of the Mbalam-Nabeba project and we look forward to exploring the opportunities of equity investment into the Mbalam- Nabeba mines” said Mr Sheyko.
Term Sheet executed with all note holders to extend maturity date of existing convertible notes to September 2019.
SDL Price at posting:
0.3¢ Sentiment: Hold Disclosure: Held
