SDL 0.00% 0.6¢ sundance resources limited

One thing that constantly gets brought up is the fact that China...

  1. 89 Posts.
    One thing that constantly gets brought up is the fact that China has $3 trillion in reserves so what's an extra $x million to them...

    You don't accumulate $3 trillion in reserves by paying overs for anything. The little I know about the Chinese way of business is they, like everybody, like having a "win" in a deal, not paying us shareholders a big tip just for goodwill.

    In my opinion, they will try close this deal for as little as possible.

    As we nervously approach the deadline, I get comfort from the fact CDB funded Hanlong's initial holding, to not complete the transaction would see their security position well underwater.
 
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