I am not being smart with this post, but you do not understand how t/os work, I am responding to your post 9096209.
You do not seem to know how things work or operate in the market on T/Os.
You state the company should give a resource update, updates on field work or on other tenements.
You have got to understand the offer has been made, so any of the above makes no difference, because the Chinese offer is for everything ,money in the bank, tenements, the works, so in other words, it makes no difference.
I have mentioned to you before, about the t/o of extract resources EXT, we were due for a resource upgrade and it makes not one bit of difference, also EXT had $52 Million in the bank, and the $8.65 was for all of that as well.
So I really think you should sit back and have a think about what your stating.
The only time it would make any difference is if they the chinese pull out.
But the way I see it, if they do, SUNDANCE will be stuck between a rock and a hard place, and I believe if they were to pull out, the s/p will be in the low teens, you must realise, s.d will not ever be able to raise the capital to go it alone.
Please understand, I am just giving you the facts, one other scenario may occur, a white knight, but it would have to be on my reckoning BHP, RIO or Vale, but that investment would be for the future, they would not outlay the money for the infrastructure, at the moment.
One other thing I must say is a lot of people on here are having ago at management, I would like them to try and have ago, and if they did the chinese may get you for a lot less, its a very hard world out there in the real world.
Cheers. Simmo.
Cheers. Simmo.
SDL Price at posting:
26.5¢ Sentiment: None Disclosure: Not Held