SDL 0.00% 0.6¢ sundance resources limited

hanlong has sundance finance in bag, page-70

  1. 3,925 Posts.
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    Accountant ( of which you are surely not one)$

    SDL have always said they wanted to sell not more thank
    50% of the project, and were hoping to get maybe $1b for that.

    Can you show my how a JV works then? Please?

    It does NOT make any sense for a JV partner for $1b to acquire 50% of the play, when for $1.3b you get the whole lot.

    Please tell me how the $5B is raised by a JV, by whom, what % etc...

    Tell me how SDL funds its portion...

    Good luck being an Accountant....a creative one

    45c YES - no better option so far!!

 
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