The chairman of SDL clearly stated in his address to...

The chairman of SDL clearly stated in his address to shareholders that the ASX will NOT allow the shares of SDL to trade again unless the acquisition deal is concluded or ABANDONED.

In other words if the acquisition deal is abandoned, the SDL shares can trade again in January 2020.

Based on the revised acquisition agreement signed by ANS/WAPRC and SDL in July 2019, the Mbalam convention extension has been EXCLUDED as part of the acquisition condition and accordingly the acquisition price has significantly dropped by 50% from $58 million to only $29 million without Mbalam project.

So if it is up to 31 Dec 2019, the ANS/WAPRC can not conclude the acquisition deal, it has nothing to do with the delay of Mbalam convention extension. The fundamental question is that based on the revised acquisition agreement without Mbalam convention extension as a condition why WAPRC is still not able to conclude the ANS acquisition and remit $100 million from China to ANS in Australia?