SDL 0.00% 0.6¢ sundance resources limited

SP & China $5M Convertible Note, page-72

  1. 36 Posts.
    Hi all,
    This $5M owed to Hanlong is just another blunder SDL Management made.
    The original proposal with all the tranche payments to SDL by Hanlong during the takeover had a fine
    component for missing payment dates, but SDL decided to waiver the fines.
    Why they did that is another questionable act!
    From my perspective there has been a lot of information in various SDL presentations that can be
    interpreted in various ways. eg. the finance components.
    A lot of shareholders & potential shareholders have obviously interpreted the finance with the tenders a
    fair bit differently than SDL management.
    I guess that most of us that are still hanging on could say that we have been misled, but there is nothing
    that we can do now but to hope that a miracle occurs.
    I for one have been gullible & trusting about what I have read, but part of human nature is to trust &
    that does not always pay in the long run it seems.
    Good luck to all.
    Shinboner
 
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