SDL 0.00% 0.6¢ sundance resources limited

Have a look at the definition of the "exclusivity period" as...

  1. 82 Posts.
    Have a look at the definition of the "exclusivity period" as outlined in the amended SIA
    Then have a look at clause 14 in the amended SIA ....."during the exclusivity period, Sundance will promptly enforce the terms of any confidentiality agreement entered into with a party other than Hanalong in relation to a competing transaction"
    Clause 14.6 does allow Sundance to enter into discussions with competing bidders....at least that is the way I understand it

    What does all this mean.

    The amended SIA allows Sundance to entertain other offers whereas the original SIA did not allow for that to happen ... I stand to be corrected

    I spoke to Sundance today and was told to read this clause in the amended SIA

    From where I sit I am definitely not selling
 
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