This will never happen. Sdl has no outgoings and is fully funded...

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22/07/22

12:33

Post #: 62674582
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Originally posted by DVEous: ↑

Absolutely correct.

Some of the dreamers here have trouble differentiating between the ANS/Bestway contracts (Mbalam-Kribi rail and Kribi port) and other issues on the side (mining licenses).

Imaginations start running wild, and before you know it, it becomes HC folklore that we magically have interests in various mining licenses.
We don't, until when/if that strategy is announced.
I guess it's nice to dream though.

There are other deposits along the Mbalam - Kribi rail route that could be exploited in the meantime, whilst Clifford Chance and Burford drag this out and get fatter. Meanwhile SDL bleeds out and burns through any remaining cash in the bank. Burford sure aren't funding SDL outside of the litigation for day to day operations.

It's not inconceivable that SDL would accept a token compensation payout to bring an early end to never-ending litigation, just before insolvency and receivers need to step in.

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This will never happen. Sdl has no outgoings and is fully funded by Clifford Chance to pursue this to its conclusion. Look up the calibre of the note holders, they aren't the types to take this lying down - they would sooner burn everything to the ground than take a loss.

ANS Price at posting: 1.7¢ Sentiment: Buy Disclosure: Held
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This will never happen. Sdl has no outgoings and is fully funded...

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