This is the reason why you need to watch the share price of SDL closely since it is traded below the book value of equity. Without SDL, ANS will go nowhere, and WAPRC is less likely to invest $100 million into ANS.
Like or dislike, ANS needs a real project i.e., SDL which is ready for execution. Oakjeree project is still with a lot of IF and IF.................. It may be another 7 to 10 years for realization.
Wheels in motion, page-87
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