SDL 0.00% 0.6¢ sundance resources limited

good day for sdl, page-4

  1. 660 Posts.
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    subject to satisfaction of its credit approval processes.


    subject to compliance with the banks conditions.


    These 2 stament are very tricky.

    The true is, they hold SDL's neck. Specially the second stament clearly said according to the bank conditions, they will say. OH sorry we cannot be agree the offer is to high.

    Why? because they dont have any contender.

    if the ore prices dont improve soon, no chance they will pay 45c.

    They are asking two differents financial companys therefore, 3 institutions have to be agree, everyone knows how is dificult, put 3 people agree?

    That is the reason offer 45c market 35c, the market still believe that more delays are coming.
 
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Currently unlisted public company.

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