SDL 0.00% 0.6¢ sundance resources limited

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  1. 10,494 Posts.
    Hi Andres, I think it will be hard to predict developments going forward.

    I think the NDRC statement (spelt out in very specific details about's China's assessment, intention, willingness to allocate $$ and strategic long-term reasons for doing so) may have a sudden and dramatic impact on the timetable of the conclusion of the tender outcome.

    Now that China has fully complied with the tender process (partly an exercise to ensure the "other" bidder has a sound EPC solution that is securely funded), I am not ruling out soon an unofficial hostile takeover (via a 100% asset buy-out) that may bring the matter to closure swiftly if those numbers (IMO very substantial) can't be matched or better'ed.







 
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