chinese begins multi-billion afghan project, page-21

There seems to be a lot of shareholders out there, that are deeply concerned with the fact that we are yet to hear any news on strategic partners. However this shouldnt be the case. What you have to do is put yourself in the shoes of the board.

As stupid as the following anology may seem, the best way to put yoursef into the shoes of the board, is to treat SDL's announcement about strategic partners in the same manner that couple's handle a pregnancy announcement.

When a couple is trying to have a baby, they don't announce it to the world straight after committing the deed. Nor do they announce it publicly after a $5 home pregnancy test that has a 97% strike rate. Generally you will find that they will not tell anyone until it has been confirmed by a qualified doctor, but even then, the may choose not to disclose it, or only disclose it to immediate family members.

The reason couple's do this, is because the first three months of a pregnancy, is the generally the period when you are most at risk of having complications or experiencing a miscarriage. So rather the jumping the gun, and making an announcement on something that may either be a false alarm or subject to high risk, they wait until 3 months is up, just to confirm that everything is ok, before announcing it publicly.

Could you imagine how hard it would be, and how much pressure a couple would be under, if they told everyone they were pregnant, as soon as the home pregnancy test was done, only to find out a little bit later that it was either a false alarm, or that there were complications and they had a miscariage. It would just make the situation worse.

So getting back to Sundance, the board knows exactly where they sit, and the chances are that strategic partners have pretty much been finalised months ago, however they need to confirm it 100% along with all the finer details before announcing it publicly.

This is why Ken Talbot was prepared to throw another $5 million dollars in, and this is why George Jones has announced that he going to retire on August 31st. They both know that it is going to happen, it is just a matter of going through the motions and ticking all the boxes, prior to making a public announcement.