good day for sdl, page-168

Accountant - you are back! I missed you. Hanlong and China can play chicken because they have the upper hand.

SDL is not keen to sell at any price. 45 is the price. Not 40, not 35. They want a price that is achievable and in the best interest of shareholders. Market says that we are worth 35.5 at the moment and that is with a 45 bid. .18 probably without it. So here is the choice. 18??? 45???? mmmmm hard one that one.

The Africans only have one buyer too - the Chinese. They have no choice, like Sundance but wait.

I think we all know Sundances views and frustration re the Chinese saga.

As I said before, this is less about the price of IO but more about politics and the one player in town that wants to play in the SDL/Africa saga. One player. That's right, ONE player.

The vote is simple - accept 45 or reject it. What happens after that happens. FMS voted yes to 30 and they lost it. 8 cents now. Always a risk. That is why you can make a 30% return for 3 months investment.