SDL 0.00% 0.6¢ sundance resources limited

deal shaky, page-21

  1. 1,116 Posts.
    From the article ...

    Perhaps part of the apprehension stems from Hanlong’s SOMEWHAT FARCICAL pursuit of Sundance

    ...

    I somewhat agree with this statement. Not the somewhat part, but the farcical part - absolutely farcical

    I await Sundance's position on Hanlong failure to meet the terms of the agreement again. In the past delays, Sundance have negotiated things that shareholders have seen no tangible benefit - ie unconditional offer, debt facility, this has amounted to nought

    If Sundance agree to a further delay, shareholders should at least get something tangible this time. Negotiate the deal price up again. With African permits/conventions, resource upgrades, stronger iron ore prices, and an improving global economy, Sundance surely are in a stronger position than back in August


 
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