SDL 0.00% 0.6¢ sundance resources limited

Hi Baukaw, simple answer sought for a simple question asked...

  1. 10,494 Posts.
    Hi Baukaw, simple answer sought for a simple question asked before. Just answer please.

    Q) If (yep I know it's ZERO chance according yo you, that would be so delusional) a non-chinese entity offers SDL 20c for a 50% asset equity stake, what would China do (CDB already spent $200M for a 14% stake) ?

    Previously, you said China would WALK AWAY as all the Chinese wanted is an off-take contract.

    Well, with SDL and non-Chinese mob holding 100% of the asset, the Chinese may not even get their offtake (the Chinese can get limitless offtake from RIO anyday withou paying $200M I would have thought).

    Answer ?

 
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