Ann: Hanlong Convertible Note Extension, page-9

Hi Hotazel, I think China has finally been able to draw a distinction between the strategically important Mbalam-Nabeba iron ore project / trans-Central African port and rail project and SDL as the ASX listed company that it dealt with in the beginning.

China (dealing through state entities are effectively engaging SDL in a Cameroon / RoC trans-national project) understand the proper context.

The AGM outcome was good and provides clarity to all parties involved.

African governments support for Sundance is pivotal to a good outcome for holder IMO.