....Sundance said last night it had terminated the deal and that Hanlong had told China's powerful National Development and Reform Commission it no longer wanted to be the exclusive Chinese backer of Sundance's Mbalam-Nabeba iron ore project. Withdrawal of the exclusivity agreement would free Sundance to talk to other, most likely state-owned, Chinese companies.....
Baukaw, perhaps GJ is in lock-step with the new Chinese suitor ?
What's do you think is the timeframe for an accnuncement ?
If Glencore (is partial to any counter), do you think GlenStrata merger resolution is the pre-requisite for any meaningful development ?
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