My post is to respond to previous posts.
The equity of ANS at 31 Dec 2018 was only $6.5 million versus the equity of SDL at 30 June 2018 was $66 million. The equity of SDL is 10 times higher than ANS. How could ANS acquire SDL? This might be the main reason why the ASX suspended both ANS and SDL shares in September 2018 by demanding the ANS to explain the source of funds and capital structure and up to now both ANS and SDL shares are still in trading suspension which means that the ANS is still not able to satisfy the ASX's inquiries. This might be also the reason why the China NDRC has NOT approved the WAPRC's outbound investment. Up to now, there has been more than 6 months and there is no update from the ANS board regarding the status of the China NDRC approval (normal lead time for approval is 4 to 6 weeks). Why? Where is the transparency of the deal? This might be also the reason why the Cameroon demanded the SDL to find the RIGHT CHINESE PARTIES.
Why do you wish for another 3-month extension?
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