Please do not misunderstand. We really appreciate what ANS' proposal to take over SDL. It will surely advantage SDL since currently SDL share price is undervalued. However, please bear in mind that theoretically and based on past experiences, target company (acquiree)'s share price is more likely to go up while the acquirer's share price may be affected unless Oakjeree project could be resurrected soon. There is high possibility that ANS may use ALL $100 million for SDL project since it is more advanced than Oakjeree in terms of readiness for execution. SDL has spent more than $200 million for doing feasibility and preparing plans how to execute the projects with application mining permits being processed.
