Hi Andres, it's impossible to read but....the longer it takes SDL to announce the asset equity / offtake outcome, the better potentially (as negotiation with the parties are continuing in the absence of a decisive outcome).
Seriously, I think the Indians could be in the mix for the asset.
A european BOOT EPC solution IMO is to facilitate any non-China outcome.
But judging NDRC's posturing and no-nonsense rhetoric, it's hard not to see the Chinese ending up on top. Money is certaintly not a problem, it all comes down to political will.
SDL Price at posting:
9.7¢ Sentiment: Buy Disclosure: Held
