My thoughts are aligned with you Angor. I agree with Baukaw that our position would probably be worse without the Hanlong bid, however i do not have a lot of confidence that Hanlong will see this takeover through.
I am hoping that SDL and Hanlong are scratching eachothers backs here. Hanlong assisting with obtaining permits and at the same time putting in the $0.57 offer to set a floor for a genuine bid from another party. It would be a good investment for Hanlong if another party offered $0.60/share for their 20% holding.
Frsutrating not knowing the full scenario, but suspect GJ is unable to divulge details as it could damage what is at play.
- Forums
- ASX - By Stock
- SDL
- 49% increase in high grade to 775 tonnes
49% increase in high grade to 775 tonnes, page-47
-
-
- There are more pages in this discussion • 7 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add SDL (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
SER
STRATEGIC ENERGY RESOURCES LIMITED
David DeTata, Managing Director
David DeTata
Managing Director
SPONSORED BY The Market Online