57c was the low-ball bid without the upgraded resourcesMatt 57c...

57c was the low-ball bid without the upgraded resources

Matt 57c was probably realistically good at the time because of the chicken and egg scenario with the mining leases versus financial backers. Hanlong overcame that problem so taking 57c probably seemed like a reasonable solution for SDL management at that time. I wonder now in a post Hanlong era what value the market might give SDL when it becomes evident that the project will progress. Who really knows.