Australia's largest stock trading and investment forum Australia's #1 stock forum

SDL

0.00%

0.6¢ sundance resources limited

Hi Charlie'sbucket. Once the rail line is in operation, I would...

First 34 Last

Share
Profile

Follow
westcott

8,602 Posts.

40

21/03/18

11:14

Post #: 31911691
Share

Originally posted by Charlie'sbucket ↑

Yes from the actual and inferred results, this field should be huge with high and at least a lot of lower grade ore still to be found total 30 years and whats interesting also right now the proposed port area is quiet but after we start building port and railway, people should move and town grow. Then with railway built and wealth in area, any viable projects along rail corridor should get funding easier/quicker than our long struggle so we could see pretty fast development and revenues to whoever receives for usage and rapid sustainable growth. Sundance could really be the "pioneer" haha similar to Settling inner america (without the Indians) and make Cameroon a hot spot and "the place to do business" With the Govt already ahead of SDL with an established port and can only grow and companies always invest where the money is or will be so even if short takeup delay, can only be forward from here and SDL may have to do the hard yards now and suffering but others will join when infrastructure installed and lots of workers and a town with shops and a mall with its own "the galleria" (terminator 2) and soft serve ice cream

Expand

Hi Charlie'sbucket.

Once the rail line is in operation, I would not be surprised to see the domestic rail line extended. The Rail line and New road coming through from The Congo Republic is opening up a trade route from The Democratic Republic of Congo, The Congo Republic and The Central African Republic. The New road is now finished and goes through very close to Mbalam, a few kilometres away. This will mean even more trade going through the Kribi Ports 1 & 2.
Regards
Westcott.

SDL Price at posting: 0.7¢ Sentiment: None Disclosure: Not Held
7 Upvote

2 Great analysis

Reply

Top Stories

Eurozone-based companies find new ways to secure a regional lithium supply

Time for retail therapy buying in the shopping Scentre for hot stocks

End of FY is a time to juggle wins, losses and capital gains taxes

With financials holding the fort, materials must step up with some heavy lifting to stimulate stocks

SS1

Sun Silver submits US$60M Silver Paste Funding Application to US DoE