CAPITAL MARKETS

Sundance confident despite no letter

SUNDANCE Resources has agreed to waive one of the key conditions of its takeover by Hanlong Mining in order to move to the next phase of the $A1.65 billion bid.

Kristie Batten
Sundance confident despite no letter

One of the conditions of the scheme of arrangement was the delivery by Hanlong to Sundance of a “highly confident letter” from China Development Bank, which confirms Hanlong has the financial capacity...

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