SDL 0.00% 0.6¢ sundance resources limited

how china miscaluculated, page-3

  1. 10,494 Posts.
    Hotazel, it would appear the Cameroon permit is a neutral one (adding more weight to the Indian scenario). There is no incentives or need for Cameroon to slip in any poison pills to favour China given India is a huge sovereign nation with an established presence in Africa, a potential bigger benefactor to African in the long run and where project finance will be no obstacle.

    Doing business with India will also keep Cameroon in the good books of the USA (only real superpower with global influence and reach) as well as western Europe (who all eye China with great suspicion). This frees Cameroon the tag of China's lap dog or worse.

    If a bid is being worked on (meaning due diligence is already completed), it should be lodged in a matter of weeks.

    China must use Han Long (as ridiculously as it may sound given it is supposed to having trouble securing funding even at 45 cents / share) to out-bid any Indian bid.

    It can't start all over from scratch and it can't use a state enterprise. Perhpas they can use Wah Nam or another Limo company..LOL !

 
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