SDL 0.00% 0.6¢ sundance resources limited

china deals exposed!, page-6

  1. 3,925 Posts.
    lightbulb Created with Sketch. 80
    Very good post

    To me highlights even more the risks for SDL and other African iron ore ventures

    To be honest i dont really care about what the chinese do with the project,

    We have all invested risk capital into a speculative venture like SDL

    Unfort Westcott iI hear your frustration and i know your an honourable gent....but its the world we live....its not just the Chinese... its the Brits (hows their LIBOR scandal going) the yanks with their scams, thai govt, malaysians, indonesians with intrepid etc etc to name but a few examples...

    The world of high corporate finance is awash with greed, thugery and deceit...Its everywhere....dont for one second think if BHP had bid 60c, they wouldnt haggle to settle lower...course they would...

    They know SDL is cornered and have use it to their advantage....

    We can all rant n rave....wont do didly squat....they have the chequebook we need ...

    To be honest Westcott and all....all i want now is a 50c bid or whatever...agreed by NDRC and CDB funding terms....

    It may flush out a rival....it may...

    If not im gone at vote or to an arb at 48c.......this stock is so binary now...it has no edge.....too hard and with way too many risks....i have far far better plays than this with far less risk...






 
watchlist Created with Sketch. Add SDL (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.