mr lewis stated sdl not obliged to pay 15m, page-6

GBG or SDL???

I would have thought that it would be wise to invest in both....tremendous potential with SDL but many bridges to cross yet. Perhaps not the same amount of blue sky in GBG, but a very safe option for wealth creation, and far more advanced in terms of resource definitons and capital requirements.

I am invested in both, but I have to say I saw very little reason for GBG holders to like the proposed merger...why would they have wanted added risk to their investment, and SDL without a defined resource as of yet certainly gave them that added risk....a two for one offer under that circumstance was never going to get the nod. Just wasn't good enough an offer.

The cynic in me suggests that this merger was never intended to eventuate anyway. A $15M break fee was just a nice added touch to add an air of authenticity.