The problem is that if the deal is off and we are entitled to a...

The problem is that if the deal is off and we are entitled to a $14 million break free then we will have to wait for at least another 18 months to get the 14 million as Hanlong will have to try and get finance to pay the fee!

But I am sure that Sundance will, as a gesture of good will, waive the fee. They have waived everything else.

If Sundance had a strong resolute board and enforced terms we may have had another bidder by now. Other potential bidders are probably thinking that there is something not quite right with Sundance when management don't have the confidence to stand up to a company that lacks credibility. It has failed to meet just about every timeline, renegged on the original 57 cent deal ... yet we are still saying please take us over?

We have the permit & conventions, time for the board to say .... thanks for your help getting us to where we are, but now you have become more of a hindrance .....

Sundance board and management please show the world that you have a company and resource that you are proud of. If someone wants the immense value that the iron ore will provide in the future, then they will have show that they are willing to pay a good price and have the integrity to follow through.

If you let yourself be treated poorly, you will be treated poorly. If you show that you will not stand for poor treatent and demand to be treated with respect, you will be treated with respect.