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Good find and read adluroil. I have seen this recently but good to see it posted up again, this is very relevant to SDL.One of the least understood aspects of the SDL Mbalam Project.SDL do not have to pay for the complete rail line, nor will they be paying for the Deep Water Port facility. This is a project in itself and is being fast tracked by the Cameroon Govt. The Cameroon Govt will own and operate the infrastructure. That is not to say investors and SDL won't be contributing, I am sure they will be.SDL will be paying for the section of line and loading facilities at both ends relating specifically to Mbalam and any extensions to the mine. And there will be extensions, very large extensions.SDL also has none of the problems faced by FMG, such as ongoing court battles to gain access to BHP/Rio rail or port access.A little hint for avid researchers out there. Follow closely the planned construction route of the line at and around the Mbalam region and who the investors are that come into this infrastructure project. Your findings as this develops will begin to add clarity to coming events with SDL.People are struggling to understand what is going on in Cameroon. This is a strongly supported project by both the Cameroon Govt and investors will be lining up to participate. It is quite simply one of the best world class Fe projects that will be developed. Jones didn't want the merger to go ahead for no reason. He knows the value of SDL and you can be sure he will continue to attract significant investment for the project.Those would have you believe otherwise are very misinformed.
Good find and read adluroil. I have seen this recently but good to see it posted up again, this is very relevant to SDL.
One of the least understood aspects of the SDL Mbalam Project.
SDL do not have to pay for the complete rail line, nor will they be paying for the Deep Water Port facility. This is a project in itself and is being fast tracked by the Cameroon Govt. The Cameroon Govt will own and operate the infrastructure. That is not to say investors and SDL won't be contributing, I am sure they will be.
SDL will be paying for the section of line and loading facilities at both ends relating specifically to Mbalam and any extensions to the mine. And there will be extensions, very large extensions.
SDL also has none of the problems faced by FMG, such as ongoing court battles to gain access to BHP/Rio rail or port access.
A little hint for avid researchers out there. Follow closely the planned construction route of the line at and around the Mbalam region and who the investors are that come into this infrastructure project. Your findings as this develops will begin to add clarity to coming events with SDL.
People are struggling to understand what is going on in Cameroon. This is a strongly supported project by both the Cameroon Govt and investors will be lining up to participate. It is quite simply one of the best world class Fe projects that will be developed. Jones didn't want the merger to go ahead for no reason. He knows the value of SDL and you can be sure he will continue to attract significant investment for the project.
Those would have you believe otherwise are very misinformed.
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