Is anybody here going to carry a bigger loss than Hanlong or DB et al?? They have the biggest carrying stake & want this over this line to crystalise their profit position.
GJ sells to BHP/RIO/Xstrata for say 35c unconditional.. (Is there a clause in Hanlong & China inc that if Hanlong lose X millions of dollars, Hanlong management will be wearing a blind fold)...ha
Then watch the mad scramble as insurmountable objectives are suddenly steam rolled.
When your selling your home do you take the bid subject to finance & selling of their property first (even though offer is higher) & then they make a lower offer subject to other conditions & a further 6 months.... or just take the cash offer & close the books.
Plenty to be annoyed with here.
Sundance can't be looking after the stakeholders interest (eg SDL, shareholders & relative counties vestied positions) in entertaining something of this nature
Does anybody have a direct line to Gina or Warren, perhaps they might like a throw of the dice. ;)
M
SDL Price at posting:
33.5¢ Sentiment: Buy Disclosure: Not Held
