It mentions a possible capital charge of $16/t for rail and port infrastructure which brings the total to US$44/t. From that presentation Cameroon gov is supposed to own 98% of the port and rail infrastructure.
Anyhow since its now possible based on recent announcements SDL partner may find all the money for port, rail, mine and port terminal the capital charge may not apply ??
How many billions exactely do they need to borrow for all that development for stage1 and then need to save several billion for stage2.
As for level of profits well that depends on iron ore price in 2022 when its possible they start shipping ore.
Interest rates globally should be back to normal levels by then and global economic growth lower . Demand for iron ore should be subdued but the supply in excess imo.
SDL Price at posting:
0.7¢ Sentiment: None Disclosure: Not Held
