ANS austsino resources group limited

Heads up - Leaks starting to happen, page-8

  1. 1,679 Posts.
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    NP Rocket

    What I most liked about the article, was the level of detail we have not had before. The acknowledgement of the hurdles of doing business in Cameroon / Congo. The article was right on the ball about labour issues that we will face in the project. Its pretty obvious the amount of work and detail thats already gone into the project. even down to % financing

    The strategic partners were expected to put up 30% equity for the project, with 70% being put up by their banks as debt, involving agreements and transactions that need to be finalized post June 2020, according to Yoka."I am 70% sure this will go ahead," Yoka said.

    So from above statement the strategic partners will be financing the whole thing,
    There's lots to take from that article, It would have to give hope to even the pessimistic of the posters on here.

    I can feel people starting to queue to get a slice of this. Its Huge, potential Market Cap for SDL and ANS will be many many multiples of their current, RIO is $45 Billion. ANS and SDL are $90 million and $45 Million respectively.

    Hold on the ride is about to get Good

    Really - DYOR and GLTAH

 
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