SDL 0.00% 0.6¢ sundance resources limited

Ann: NDRC Provisional Approval , page-13

  1. 192 Posts.
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    Hello All,

    The first "Condition" that Hanlong have listed is of course for Hanlong's benefit, not the Shareholders of Sundance!
    Remember it is their conditions not SDL's, they are not going to freely put in a Condition saying "Reasonable Aquisition Price" suggesting that they should pay more now as the resource has been increased!!

    Gauranteed they will do their best to screw the Board down to the lowest possible price. I just hope that:

    A) George says NO to a reduction in the take over price and does not go back on his word. As he stated previously, 0.50cents is a low ball offer (his words not mine).

    B) We get a counter offer.

    A counter bid has been spoken of alot since Hanlong came into the picture and in my opinion, now is as good a time as any to get one!
    The clock is ticking so to speak. This has been a long time waiting, I hope all holders are rewarded, including the ones who bought in at the high .50's to mid .60's.

    Good Luck All.

    Reagrds,
    MattW.
 
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