http://www.afr.com/p/opinion/hanlong_cuts_sundance_offer_7WwOw9Dov6M9rKeJ2DHYiI
Gist of the article is that Hanlong is cutting back its offer to 40c against a backdrop of falling iron ore prices, increasing supply, and the risks of developing such an expensive project in Africa.
Where are those other potential strategic partners Sundance waved around back when this deal was first touted?
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