Hanlongs investment is funded by CDB we all know that.
There is definitely a connection between the ownership of Hanlong shares and the potential for the CDB to turn around and either directly fund the mine infrastructure as a strategic financial partner in conjunction with Hanlong or have Hanlong Takeover SDL 100%, or hand over Hanlongs shares to another shelf company and then have this company orchestrate a full takeover.
From Memory I don't think the Chinese Financial Backers were very happy with Hanlong and their disclosures in the beginning.
SDL has always been a long term play for Hanlong as we have discussed. There are massive benefits for the Chinese to fund the project, secure the resource, use their own people to build the infrastructure, continue to secure a foothold in Africa.
SDL Price at posting:
0.4¢ Sentiment: Buy Disclosure: Held
