The economics of combining the two sites is far superior than...

The economics of combining the two sites is far superior than treating each area as a stand alone, but they are not mutually exclusive.
The current proposal with Tidfore Heavy Equipment Group Co. Ltd ("Tidfore") and China Civil Engineering Construction Corporation ("CCECC") and also Hanlong IMO provides a solid foundation, and significantly improves SDL’s bargaining position with Chinese financiers.
There is significant upside to be gained by shareholders from here when the funding agreement is finalised.