Hi Baukaw.
With the Final outcome of the Hanlong deal being they could not get Funding from Chinese Government, it is irrelevant about wanting to keep or get rid of Hanlong.
EQX forum posting is mainly putting right comments about SDL that are being posted by the likes of jayneen and a few others.
Giulio wanted to sell SDL off to Hanlong at any cost in my opinion, after speaking to him face to face in Perth. No other offer he said. They told us prior to Hanlong making the takeover offer that they were in talks with Big Companies to tie up funding for SDL. That was when Hanlong decided to make a takeover offer for SDL, because they became aware of others getting ready to make offers to SDL. That then put a stop to the others talking and making any offers while Hanlong were in takeover mode with SDL.
George kept on telling share holders things like, SDL is really worth at least $1.00 per share , not what its share price was at the time.
George three years in a row telling SDL Share holders that we are in for a Very Happy Christmas.
Management telling share holders that Sundance Resources were in talks to finalise J/V, Funding and so on time after time.
How come they took the option to sell out to Hanlong, rather than one of the other Two Options Hanlong were offering, like a Joint Venture with Hanlong with Hanlong sourcing the Funding or the other better offer Hanlong offered that would have seen Sundance Resources still going in its own right?
How good were they in doing what was required by Company and Share Holders?
Regards
Westcott.
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