Kesslin, did you read te same article as I did?Mr Casello said...

Kesslin, did you read te same article as I did?

Mr Casello said the best way for Sundance to boost shareholder value was to achieve progress on its $US4.7 billion Mbalam project."As a management team, we've focused on the things we can control that will add value for our shareholders," he said.

Your comment about no mention about shareholders is incorrect. He states that this deal is the best return, inferring that there is one option to developing this project. Read again the bit about things they can control and put two and two together.

Re your second point, Guilio states that Sundance will stay as management, as a subsidiary of Hanlong. That shows the Africans that the project can be delivered to them. Whats wrong with that? The Chinese dont want another sit on an asset dud. They already have a few of those.

Good work GJ and GC, lets get this over the line at 45 and move on.