Based sorely on the "boredom" of such a long wait since the last scare of Hanlong, almost everyone exited and left this at sub 1c prices. This is hopelessly under priced "assuming" all the railways, ports, porta potties and all that CAN be put into place by a broke? govt, then the 2-3 years will go off without a hitch. hmm So anytime you find a billion dollar project for less than 10c, you take notice and do some research as to why its cheap and why its not operating.
You make some points on takeovers by noteholders and others here are less "agreeable" one your take of the current state of affairs. I see from the registry, that some hold a billion shares which must have cost them a fair bit even at 1/2 a cent; i myself also got in at the cheapest the stock was and dont have a billion but, i happy with my holding and KNOW this will go ahead, its about WHEN. Perhaps as you have been saying, this deal isnt what we could have hoped BUT do we go with what we have at a discount or risk another decade to get 100% ownership? Less money now or maybe more later. I take NOW....
SDL Price at posting:
0.6¢ Sentiment: Buy Disclosure: Held