I reiterate that it's 'highly likely' that a large IO player will make a rival bid for Sundance Resources.
Whether they'll be successful or not is another matter, considering the politics and possible backhanders involved.
But really, I'm tired of reading all these defeatist posts on the forum - putting a negative spin on the negotiations, when we are not privy to the discussions.
Yes, it can be frustrating & we do want more feedback from SDL. I think they are lacking somewhat in this department.
I realise commercial in-confidence etc is appropriate.
I'm on their email alert system and its useless..
Hopefully next week will see some positive announcements, be it JV, rival bid, or a realistic offer by Hanlong.
It can't be easy for SDL management in these negotiations.
Just my opinion.
Towner
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