Great questions Pikapika. There are many more questions still.
Not an official word from the PRC, Cameroon and Congo government despite the news going viral on the internet.
Nothing from publicly listed CGGC who just did to Cameroon (that President Xi Jin Ping described as China's strategic partner in Africa supporting each other's Core Interests) what Liu Han wouldn't dare do to Sundance.
Groom tells the bride at the altar (not a desk) in front of thousands of guests.. wedding is off indefinitely until you grow prettier
Doesn't seem to pass the most basic of sniff tests.
Speaking of sniffing, CGGC just got a lazy $1 Billion PRC loan to plow through Egyptian sewers. Pretty strategic to China's resource supply security and diversification.
Are China and Cameroon doing a quick and dirty in telling SDL and the market that there are other options that best serve the interests of ALL share holders, Cameroon and Congo. (Hmmm...that reads familiar)
With this Hanlong style open ended delay, is China eliminating one viable option (simplifying matters for SDL) being a debt funded, equity funded, offtake / marketing JV and SDL (as distinct from CamIron and CongoIron) developing the mines ?
MofCom, NDRC, CDB (who aren't Xmas types) could possibly soon be wishing SDL share holders a very happy Chinese New Year which officially start February 8.
Wish I had the answers.
SDL Price at posting:
1.2¢ Sentiment: Hold Disclosure: Held