"Hats off to the competent board of Bannerman who saw what was coming from a mile away and acted accordingly."
Sorry have you actually seen BMN's SP recently?
Please clarify for me if you will.
You would be happy to see SDL management kick Hanlong to the curb and see our SP crumble?
With the given facts on the table, not wishful thinking or speculation of other offers pending you would still hope to see Hanlong gone. Don't mention what Mbalam will be worth in the future with it's vast reserves as that is also speculation. The future iron ore prices are also speculation. The future demand of ore from China or India is also speculation. Please deal with the facts on hand.
I am far too proud to allow my investment to dwindle before my eyes because I have allowed hope and wishful thinking to rule my investment decisions.
Don't get me wrong I hope as much as the next SDL holder that our board pull an ace from their sleeve. But the facts in front of me are my guidance at the moment and seeing my investment shrink is not part of my wealth building strategy.
cheers donedeal
SDL Price at posting:
34.0¢ Sentiment: None Disclosure: Held