Recent content by CarbonSteel

Today's QAR looks a lot like an attempt to talk the SP up. Sadly no meat to put in the sandwich yet.:(

Who is responsible for the situation in which we find ourselves? Certainly not hanlong. Who captained this farce?

Completely out-manouvered at every turn by hangonlongtime. Now even the directors aren't gonna make money so they might at last think about, and make the effort (yep that means actual work instead of just nice cheap options) to source finance for the project. I'm sure that's what Ken Talbot was...

Thank you for the in-depth coverage Jewels. Agree with your decision to vote "no" 100%. Hopefully the instos will have the testes to follow suit and bring some real pressure to bear!

I think that these "directors" have taken their nice cheap options, made thousands, if not millions and never had any intention of trying to find financiers for this project. $4.3b is not a lot in the scheme of things and the projected returns even on today's IO price are nothing short of...

And still we have a bunch of "directors" who found it impossible to nail down a date in December. Unbelievable. Good luck with your next job application. For SDL it's been "fail" & then "fail and then "fail" again. Totally destroyed the spirit of those who gave their lives. VOTE NO TO THIS...

Thanks mate. That's what we need right now, personal attacks. Try to concentrate on some input instead. We all need commiseration right now, not this rubbish

Agree 100% Jewels. There is nothing to add except possibly making it company policy TO NOT DEAL WITH DISHONOURABLE CHINESE. Can only hope plan B is effected and that the Hang-on longtime grubs are out of pocket with nothing to show for it but debt. The bigger the better.

Yes indeedy, these directors must now hang their heads in shame. SKY BUSINESS NEWS REPORTED TONIGHT (07/08/12) THAT HANLONG HAS NOW REDUCED ITS OFFER TO $0.40! To think of the money these directors have stolen from investors through cheap options makes me sick and disgusted. Just go away guys...

Why are we talking about the "acquisition price"? I thought it was already set at 57 measley cents.

Thankfully the problem now belongs (or soon will belong) to Hangon longtime. Good luck to the families when they sue a Chinese company. Would they have been better off NOT destroying the share value for themselves & us and waiting till Hangon longtime owns the company outright? The end result...

Another good thing for Hangon longtime is that they get to pick off SH's at $0.41 or so, which is obviously a bargain if they already agreed to $0.57. Shame on these "directors". They won't be getting a "well done" from me. I note their names & will never invest if they are involved. Maybe...

Well that's bloody beautiful isn't it? We get to wait another 6 months for the same price. The Chinese have all the power in this deal & $1.6b interest free for 6 months. I still do not think the directors have the interests of the SH's at heart & they have also not spruiked it to the right...

I note that the presentation released yesterday says that Hanlongs takeover will occur "later in the year". Does that mean a May settlement is no longer a possibility?

Is it all on track for settlement in May? Will there be a last minute mystery buyer? Have they settled all conditions imposed by Cameroon govt? Has Cameroon govt completed all that it necessarily must complete? Quarterly report will hopefully have all this info but it's 6 weeks away.