SDL board brought in ANS and WAPRC and their consortium to convince Cameroon Governance for Mbalam convention extension but it seems that they failed. Therefore, in the new acquisition agreement, Mbalam tenement in Cameroon has been removed. The acquisition agreement only contains Nabeba Tenement in Congo. Even though with this significant amendment, up to now ANS and WAPRC have not been able to obtain China NDRC approval. Logically, the problem is more likely to be related with the financial strength and capability of ANS, WAPRC to execute the project..
Add to My Watchlist
What is My Watchlist?