SDL 0.00% 0.6¢ sundance resources limited

perhaps the afr is correct

  1. 4,326 Posts.
    appologies if already posted

    http://www.afr.com/p/opinion/shadow_over_sundance_deal_2v6oLTnwiEimxQPjF9FOLO



    Shadow over Sundance deal
    PUBLISHED: 04 Oct 2012 00:06:56 | UPDATED: 04 Oct 2012 05:51:59


    The Chinese (Hanlon Mining, the Chinese Development Bank and the China National Development and Reform Commission) continue to play ducks and drakes with Sundance Resources in relation to their long-mooted takeover offer. The hoops that Sundance has been forced to jump through should serve as a warning to other companies dealing with the Chinese whose views on what constitutes contract negotiations do not appear to match Western standards. Perhaps it is time for Sundance to sever the connection and seek more reliable partners.
 
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