Matt, there may well be a counter out there, however even if there isn't, if the chinese want sdl they will have to pay more than 45.
Recent events indicate that.
1)Immediately the day after sdl gets major conventions signed, 2 weeks before scheeme vote, hanlong request delay due to cdb, which we now know is pure bs.
2) afr sdl/ hedgie mouthpiece come out with article about counter and highlight 50c as magic number
3) hanlong puts out article re soe partner , africans to put pressure on deal. My interpretation of this last move is hanlong/china yet again applying smoke and mirrors ,( CDB reviewing, state getting involved re soe partner, africans getting impatient) all designed to create confusion, perception of difficulty, uncertainty and complexity.
Yes the hedgies were canvased re 45c back in sept maybe even more recently, and does anyone seriously think they would have said yes to phantom 45c bid without anything serious on the table ie finance .... Get real!
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