The mining lease is largely conditional on finance,/cash. If SDL had the balance sheet of say Glencore or RIO and it's cash position, the Cameroon Govt would give the the mining lease without further ado and would want project construction started ASAP.
The longer this drags on the more frustrated Cameroons government becomes IMO. That's why a bidder with deep pockets and an unconditional bid would get this for the same offer price.
duped, page-55
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