SDL 0.00% 0.6¢ sundance resources limited

suspension , page-25

  1. 6,831 Posts.
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    Bladerunner - I think it is starting to be a little more clear to posters the reality of the situation.

    Notice how we are not hearing the "give me more than 45, I am digging my heels in" brigade. They have left the forum - maybe they have sold their shares?

    GJ and GC are making the best of a very complex deal IMO. Two African nations, the Chinese with Hanlong, CDB, Steel Mills and NDRC. A $6 billion expense (that is why IMO the 45 is neither here nor there)

    I think it is time to just take a breath and wait. We will be waiting either way, so may as well get used to it.

    Look st the Glencore/Xstrata merger and how long that took.

    Baukaw is right - we don't have many options. The Board know what they can and cannot do and they are thankfully foolhardy to burn their bridge.

    I am confident that once the Chinese ducks are lined up, we will be fine. It will take a little longer, but we are close.

    I think there is a wall of investors who will be very relieved when the 45 comes through.






 
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