SDL 0.00% 0.6¢ sundance resources limited

run for the hills afferro, page-17

  1. 6,565 Posts.
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    For those no stockers that missed it....It is legislated in the mining convention about the rights to the rail and port infrastructure...don't u guys read any announcements...

    SDL as part of the legislated mining convention has been given first mover advantage and option to develop and operate the declared rail corridor and port....

    From the convention...

    "A 25-year concession as to port and rail infrastructure was confirmed with Sundance having a first right of refusal to operate the facility with tariff protection beyond that time" There is also an option to extend the concession beyond 25 years...Government gets its cut....

    It has been allocated specifically by government to SDL...that has been very clear for years....this is why SDL continually says we have first mover advantage...
 
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