sdl's takeover defence, page-4

Pythag,

I think your point four is a very strong point.

Without this data, Hanlong will need to start again..How much has SDL spent at this stage to get it almost over the line. They will not give this away (think hours of drilling, analysis, negotiating & lives cost)

The directors would be very aware of the opportunity cost/lost to Hanlong & Cameroon.

I like how they(Hanlong) value the company at a premium to current market value, but go on in the various articles published how valuable this iron ore project is to them (China)...can't have it both ways. May have been better to keep a lid on it until they were/are successful..

We really need an outside (non China) company to come to the table..would make it interesting times indeed.

M