posco is back, page-30

Hi All.

As I have said before about Posco.

Building a rail line from Brazzaville going North to Ouesso,which is close to the border of Central African Republic and around 200kl from Mbalam.
POSCO have been given certain rights for building the Rail Line.Timber,Mining and Palm Oil among the list.
Two hundred more kls of Rail,and it joins up with proposed Sundance Rail Line.Any mining rights POSCO take up in the North of The Congo Republic would have a route to port,with a steel mill ready to process the iron ore.

We need to ask ourselves the question,why would POSCO build a Steel Mill in Cameroon,when they have a good relationship with The Congo Republic and are going to build a Rail Line that connects the North of The Congo to the seaport of Pointe Noire in The Congo Republic.

Sundance were asked by the Cameroon Government to buy out a steel mill a bit over 12 months ago in Partnership with the Government.

The Rail line if joined up to Sundance Rail Line would run from Pointe-Noire (South Atlantic Ocean),through Brazzaville to Ouesso and through Cameroon to Lolabe on the South Atlantic Ocean again.

Regards
Westcott.