H baukaw.
You have just said the same as I did.
You say this cash is NOT for Port or Rail work.
If that is right,then tell us share holders the truth.
Don't lead us up the garden path with lei's
Tell us it is a back up in case Hanlong do not get the cash and go through with the take over.
I would prefer the Company was truthful and said they are making sure they have cash in case the deal does not go through.In that case I would think the Board were looking after the Company and share holders interest.
Their version only leads share holders to believe they are looking after Hanlong,not share holders.
Some here on HotCopper wonder why some of us do not trust some of the Board.
The other point you make only makes it clearer that this so called take over by Hanlong is a Chinese Government scheme of take over,not a Hanlong take over.
Hanlong have no experience in mining.Hanlong have no cash reserves to buy Sundance shares.Hanlong have had to borrow from Chinese Banks to place a deposit on each company they have looked to take over or do a joint venture with.
Is it Hanlong or China you chear for to take over Sundance Resources?Think about it.
Regards
Westcott.
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