First thing first. Get ready for a massive sp spike soon. The NDRC extension is just an extension. It may came much sooner.
Now to answer your question. For another 4 cents (putting a 6 in the first digit in place of a 5) will overcome any shareholder resistance to wrap things up once and for all. ASIC already stalled the process for more than 6 months. Biya is getting impatient and GJ has just send a strong message to the Chinese (as well as to SDL share holders) that high grade haemetite is now up 59% !!!!!!
Just in case anybody thought Han Long has problem getting cash from the CDB, think again ! They seem to have a card to the ATM call the People Republic of China Soverign Fund.
A cool $500 MIL for a Molybdenum copper mine that is hardly strategic.
http://www.marketwire.com/press-release/moly-mines-limited-China-development-bank-approves-us500-million-project-finance-facility-tsx-mol-1500650.htm
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- china daily - more than hint of done deal !
china daily - more than hint of done deal ! , page-3
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