SDL 0.00% 0.6¢ sundance resources limited

what the heck is imic up to??, page-11

  1. 8,602 Posts.
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    Hi ninelives.

    I believe they are all talk. Nothing has progressed since their so called agreements were signed in Guinea. Suppose to be railing iron ore in 2015. Around 650 or more kilometres of rail to build, including around 20kilometres of tunnels, plus a port.

    Sundance have had Two MOU's in place since September 2010 with CRCC-China-Africa Construction Limited (CAC) for Railway track and Rolling stock.

    The other is with China Harbour Engineering Company Ltd (CHEC) for, Scope-cost & delivery program for a proposed new world class Deep water bulk Materials Port.

    CHEC is a subsidiary of China Communications Construction Company. Let them fight it out with the Chinese so called partners in the Nkout Project.

    There will be a rail line going into The Congo Republic and further for delivery of things like timber, passengers and other items to a Cameroon Port. They could end up being involved in that Rail Project. I think they are misleading people with not clarifying details about their so called Rail Project. That Rail project would be to Kribi, not Lolabe.

    Regards
    Westcott.
 
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