Midwest IO, page-6

Just some info SDL starting to take off by the looks....imo
The extension for the Mbalam permit is due on 14th Sep 2018. However, ANS is willing to put $750K at 0.004, something may be boiling. In addition, 5 institutional investors (Senrigan, Nobel, DE Shaw, Wafin and DSOF) are willing to give hair cut of 50% to 70% for the debts by converting the remaining balance to shares with 64 per cent of ownership.

If SDL has no future prospect, why should those parties compete to own SDL?

In summary, those major players are as follows:

Senrigan, Nobel, DE Shaw, Wafin and DSOF, they are large fund managers

Tidcore (
TIDFORE specializes in industrial engineering system design, construction & installation, equipment manufacturing, operation management, investment & financing service in fields including ocean engineering, port, water transportation, electric power, metallurgy, cement, mining and more. The Group is also engaged in industrial planning, facilities construction, securing investment, operation management and industrial financial services, for domestic and overseas industrial projects. A complete and integrated service is available for potential clients, covering the whole industrial chain and full life-cycle of projects.


ANS (AustSino Resources Group Limited)
Aust-Sino Resources Group Limited is a Perth based ASX-listed mineral exploration company (ASX: ANS) focused on the development of its iron ore assets in Western Australia's emerging Mid West region. Aust-Sino has defined a JORC 2012 compliant magnetite resource of 700 Mt @ 27.5% Fe, including 192 Mt @ 30.0% Fe in the Indicated category, and a hematite JORC 2012 compliant resource of 11.5 Mt @ 58.6% Fe that together make the company a highly prospective iron ore development.