SDL sundance resources limited

bhp close to winning belinga, page-62

  1. 8,602 Posts.
    lightbulb Created with Sketch. 40
    Hi squidd.

    Yes I see BHP looking to take over an iron ore tenement near Sundance tenements as positive.
    With RIO having two tenements close by as well another positive.
    With BHP Head saying this area of West Africa is likely to be bigger than the Pilbara,yes another positive.
    With Glencore and Severstal taking a stake in Core Mining next to Sundance Resources tenements,yes another positive.
    With The African National Highway planned to be built close to this area,yes another positive for this area.
    With Hydro schemes to be built close by,yes another positive.

    Positives for Sundance Resources is,they are still drilling,still looking for and taking on new staff,still in talks with MOU Partners to finalise terms,still going ahead with Port access roads and the like,also Rail Corridor work is still on going.

    Yes things are taking a while to get sorted out for Convention and Mining Permits.
    How long has the Mid-West Rail and Port situation been going on for?
    The Mid-West situation seems no further advanced now than it was a few years ago,still squabbling over finances and who is going to build it.
    The Pilbara Rail situation with BHP,RIO and FMG has been going on for at least a couple of years,still squabbling.

    BHP has come up because of Gabon Government saying BHP are looking to get involved in Belinga.
    Word around Perth that BHP are looking at Sundance Resources figures again.
    BHP Head saying the area close to Sundance Resources is seen to be bigger than the Pilbara.

    It has nothing to do with me dreaming.
    I did not issue those statements.
    I did not say BHP would take over Sundance either.

    In Australia the smart people in the know,and with contacts who know where new land sub-divisions are going to be released.Where new highways are being planned.Where a new Safeway,Coles and Bunnings stores are going to be built.If all these things are planned for a certain area,you know something big is being planned for the area.
    That is the Picture I see in the area of 150 to 200 kls of Sundance Resources.
    One other item,only a guess on my part.Posco planned Rail line from Brazzaville to the North of The Congo Republic.
    It finishes about 150kls from Mbalam SDL proposed Rail Line.
    Cameroon Government and others have spoken about the SDL Rail Line opening up the Central African Countries for exports,imports and visitors.Dreaming may be,would it not make sense to join the two Rail Lines up.

    Again squidd not attacking you or your thoughts,just quantifying mine.
    It is not dreaming on my side,it is what I think will happen going by my research.I could be wrong.

    Regards
    Westcott.
 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.