p.s. With the cost cutting program, the Board advised at the AGM that the company will have adequate cash into 2016 whilst advancing the project and protecting our assets.
The Hanlong Convertible note is extended to Dec 2015.
Wafin Convertible note has got 60 months unless financial close or change of control event.
Blackstone/Shaw Group & Senrigan Consortium Convertible note is extended to Nov 2016
My understanding is SDL is not in financial stress at the moment.
SDL Price at posting:
1.9¢ Sentiment: Hold Disclosure: Held