quoted from your post Worst case scenario for you is that the deal with SDL does not go through Serena. You should thank your lucky stars that you have been thrown a lifeline. No other company has shown any interest in SDL as it’s so complex for Cameroon to come to fruition
Unquoted
If the deals between ANS and SDL will not go through, noteholders will own 68 per cent of SDL and other Chinese company will DIRECTLY take over from noteholders. They will DIRECTLY own SDL.
Prior to the release of the deals between WAPRC, ANS and SDL, not many Chinese companies are aware of the SDL Cameroon and Congo high-grade iron ore project. Now everyone can see the beauty of SDL.
ANS Price at posting:
1.7¢ Sentiment: None Disclosure: Not Held
