Just has dinner with an analyst who works for a top 5 global miner ..a mate of mine..
We discussed SDL amongst other items, and he had taken a good look at NDRC and SDL / Hanlong deal.
He noted that the NDRC have never rejected a deal re the acquisition from a china soe or china company when acquiring a natural resource project in recent times..
I said no way..are you sure!! He said yes in their research....am trying to see if i can prove him wrong...
Dont know the total parameters but very intesting
Hope we arent the first lol!!
SDL Price at posting:
32.0¢ Sentiment: Buy Disclosure: Held