SDL 0.00% 0.6¢ sundance resources limited

finacial review, page-25

  1. 2,621 Posts.
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    Taboon,

    Additionally to what you said, when a finance partner is announced then that might de-tract from the potential take-over company's intentions.

    If a big company came in and took over Sundance then there is the high chance that they'll be looking at funding the project entirely themselves. If they had the money in the bank to do so, then they would prefer to pay the money off straight-away, rather than cop a 50% stake-out to the finance partner only to pay back the debt once production has started.

    So whilst I'm not sure a take-over will occur, if it did it'd have to be fairly soon you'd think.
 
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