SDL 0.00% 0.6¢ sundance resources limited

sundance stronger than ever, page-2

  1. 2,196 Posts.
    Sthsyd your analysis, interpretaion and knowledge of SDL is very good.

    The fact is, as i have speculated before, and has been realised today through their official statement, they are different to the big 3 because, Hanlong are willing to sell some of their new highly prospective business, to state owned enteprises.They, as Michael has said tonight are not miners, and will JV this themselves with a state owned steel mill ,imo, according to an agreement with probably the Exim bank who will have this condition before they lend money.As I have said why would a chinese mill JV with us when they could JV with Hanlong?

    I still hold hope we can reatin some % which would satisfy Hanlong, SDL and shareholders. I will do a little more research to see if this kind of thing has happened after a takeover bid before, or if someone has knowledge of this please post.
 
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