You have suggetsed that SDL management were no longer confident of securing a JV partner once Hanlong acquired the Late Mr Talbots's stake. What are shareholders meant to take from this announcement back on June 29 2011. I have posted this before. This announce was after Hanlong obtained there stake.
Cheers See you at the AGM
29 June 2011 ASX / MEDIA RELEASE SECURING A STRATEGIC PARTNER WELL UNDERWAY FOR THE MBALAM IRON ORE PROJECT
"Sundance is very pleased with the progress that has been achieved in recent months and looks forward to successfully concluding arrangements for the introduction of a strategic partner to the Project. The Company will advise the Market as soon as something sufficiently binding or capable of announcement is available".
SDL Price at posting:
42.0¢ Sentiment: None Disclosure: Held
