ANS austsino resources group limited

ANS : will we fold or fly?, page-60

  1. 721 Posts.
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    Makes perfect sense that China mops up everything in one fell swoop to underpin the Capex investment and lock in decades of guranteed supply across two major African iron ore regions at the same time, the other being Guinea.

    The jostling for control of Simandou between the Chinese steel behemoths could result in unforseen developments in Sangha and adjacent projects in Cameroon and **o_n.

    Posession is nine tenths of the law. Better off than paying Rio or Vale for a zillion dollar multi decade supply deal which could be torn up at a moment's notice.


 
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