SDL sundance resources limited

yes or no, page-18

  1. 89 Posts.
    One thing that constantly gets brought up is the fact that China has $3 trillion in reserves so what's an extra $x million to them...

    You don't accumulate $3 trillion in reserves by paying overs for anything. The little I know about the Chinese way of business is they, like everybody, like having a "win" in a deal, not paying us shareholders a big tip just for goodwill.

    In my opinion, they will try close this deal for as little as possible.

    As we nervously approach the deadline, I get comfort from the fact CDB funded Hanlong's initial holding, to not complete the transaction would see their security position well underwater.
 
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