SDL 0.00% 0.6¢ sundance resources limited

global times, page-44

  1. 10,494 Posts.
    ..in absence and hanlong get funding and approvals game over end story lights out ni night...

    Baukaw, I think SDL holders can sleep very well knowing funding is the least of our concerns because the Chinese communist party mouth-piece (Global Times owned by the CCP via the People's Daily) writes....

    "On a request from relevant government agencies, several large State-owned steel companies are talking with Hanlong about a cooperation to jointly develop the Mbalam iron ore mine,"

    Of course because it is so complelling..."35 million metric tons of steel-making raw material in phase one, eventually growing to 100 million metric tons in phase two".

    On the question of SOA, Glencore issued a "FINAL & FULL" offer to Xstrata in it' final bid. You can argue it's a different jurisdication, but as far as the hedge funds are concerned, the UNWILLINGNESS to declare a final bid means the HL bid ISN'T FINAL.

    It's simple.


 
watchlist Created with Sketch. Add SDL (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.