....Louis-Paul Motaze, general secretary in the Cameroon prime minister’s office, will talk to the Chinese government and banks to accelerate the Sundance acquisition during a visit to China, Hanlong said in the statement....
Well, there you have it. If anyone telling you that IO spot price rising 60% is irrelevant because it's heading in the wrong direction, that the Chinese ill meditate for 12 months to wear down Sundance holders (while Cameroon is trying to ACCELERATE things), that selling into any Chinese PRELIMINARY bid - in the absence of a FINAL BID DECLARATION or that Sundance is crap and GOOD LUCK to anyone dumb enough to spend a few billions in capex cause it's in the African jungle (as opposed to the desolate Pilbara desert), then think again...LOL!
A NO vote is a no brainer.
SDL Price at posting:
32.0¢ Sentiment: None Disclosure: Held
