As a long term suffering shareholder, I am extremely happy with...

As a long term suffering shareholder, I am extremely happy with the deal between SDL and ANS. This will boost the share price of SDL to sky. Lol.

The options issued to ANS and noteholders are at strike price of 0.020 which is four times higher than current price at 0.005. At least, ANS and Notheholders of SDL have confidence that the share price will go beyond 0.020.

Page 4 of SDL announcement
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If all the options issued to AustSino and the Noteholders are exercised before their expiry this will result in a $410M cash injection into Sundance which could be used to fund the equity requirement to build the mines in Cameroon and Congo.

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They are more likely to convert it when the share price is far above 0.020. In other words, ANS and noteholders signal to us that they are confident that the share price will go far above 0.020.