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1.7¢ austsino resources group limited

Thx for the 'Sundance Snapshot' @Graphite101 Whats the old...

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macssharesforfun

1,545 Posts.

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06/09/18

17:52

Post #: 35452765
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Originally posted by Graphite101 ↑

Well what ive surmised is that if it is SDL it could loo like this !

1) SDL have a shareholder approval meeting in September (this month) for all those convertible notes to be approved by shareholders based on the agreement forming CN options.

AND ....what if ANS with their strong relationship with SDL management, and with ANS Chinese funding/backing have been talking to SDL management and major shareholders behind closed doors to offer them 50% of the convertible note value by way of cash injection to reduce SDLs debt liabilities once they get to production and take a stake in production revenue. this would ease up the need for SDL to go for 100% convertible notes to retire 123 mill approx of debt ?????

food for thought

so if so then our so called "strategic investment wording " might be close to this scenario , and considering these two companies in trading halts/suspensions its feasible they are talking considering our interest in SDL PROJECT IN Cameroon and our Chinese MD and his financial connections

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Thx for the 'Sundance Snapshot' @Graphite101

Whats the old saying - "Where there's smoke, there's fire....."

Interesting times - hopefully we will find out what this is all about tomorrow, but more likely Monday.

GLTAH.

ANS Price at posting: 1.7¢ Sentiment: None Disclosure: Held
2 Upvote

0 Great analysis

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