Hi Serena,
Even if the note holders did take over the company Sundance are still in real danger.
Faced with the prospect of not having a credible finance partner and dwindling funds they were desperate and ended up with ANS/WAPRC.
A last and desperate attempt to keep them alive. The Cam Govt can only look on as neither Sundance nor themselves have had success in raising the finances required for the project Rail/Port and Mine.
I see Sundance falling over. I cannot see how they can come back and survive another round.
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Hi Serena,Even if the note holders did take over the company...
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