What a pathetic unintelligent uninformed bunch of postings
Diluted co?? You need to raise large capital to fund any major offshore project... No company has ever proved a large jorc compliant resources of a world class nature without dilution
The chinese are giving SDL ~ 1.6b. Anything else u want? Box of freddo frogs??
Management are world class, make no mistske SDL needs Hanlong in the equation now
1. It gets convntions moving
2. Its gets china inc involved
3. It sets a benchmark price for a counter
4. It fastracks so many things
If hanlong pulled out tomoorow we are sub 30c...
With no JV u think post conventions a potential new bidder will pay57c in a global climate getting worse?? Doubt it more like 45c
No one has sold u out.....management havent.....u r a shareholder and u get a vote....management are saying in the absense of a better offer take it....if by the time we get our docs theres no counter bid....its means interest has waned.....be hard at achieve the same value again...as more dilution will occur
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