SDL 0.00% 0.6¢ sundance resources limited

afr - latest, page-27

  1. 134 Posts.
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    "...I hope George/Guilio/Hanlong/NDRC/CDB and a Mill can over the next 2 weeks complete[d] a transaction that is backed by all parties at 45c firm...

    If not..we will never get close to that price ever[y] again"

    So, no chance of SDL ever getting to 45c by any means other than a Hanlong etc. takeover, eh? Then why should Hanlong etc. pay 45c?

    Given the likely growth in demand for iron ore - from China alone, let alone India and the other rapidly growing economies in Asia and elsewhere, the size of the resource, the likely rapid payback of the capex and the income from the railway line and port, you really believe there's no other way for SDL to achieve even the modest 45c a share level except through The Hanlong etc. deal?
 
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