SDL 0.00% 0.6¢ sundance resources limited

Hi talks, I believe Cameroon is following China's orders. Most...

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  1. 317 Posts.
    Hi talks,
    I believe Cameroon is following China's orders.
    Most of the projects in cameroon are carried by chinese companies, financed by exim bank. Read the link i posted earlier.

    SDL is unfortunately trapped in the middle of this political games played by china.
    We need to wait and see what price SDL will sell the 51% stack to china. Hopefully is north of $100m, that will re-evaluate SDL at much higher price.

    On the other hand, i am less confident because china let the chairman take approximately 20% of the company at 0.6 cent. That bothers me a lot! If china wanted the project, it would of paid him out increased its stack.

    There are a lot of secret deals happening under the table i believe. Board directors may not be working for the company!!
 
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