SDL 0.00% 0.6¢ sundance resources limited

Youlman,that is in regards to the financing of the project, not...

  1. 1,419 Posts.
    Youlman,
    that is in regards to the financing of the project, not the ownership structure.
    SDL will give up a percentage of their ownership in order for the partner organising competitive debt and also covering SDLs percentage of the equity funding.
    This was well covered in threads months ago.
    The partner will come on, then the 70-30 debt financing will be arranged, they need the partner so they can borrow the money at cheap rates, no one would lend billions to SDL, they need the partner as guarantee.
    Falcon is on the right track.
 
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