SDL 0.00% 0.6¢ sundance resources limited

"Wow, Mr Market is proving to be a tough audience How could...

  1. 2,502 Posts.
    lightbulb Created with Sketch. 198
    "Wow, Mr Market is proving to be a tough audience
    How could anyone not receive this ANN well."

    Frank

    The market is already aware of this Congo contract is part of the contract assigned to Mota-Engil.  As per  today's announcement:

    ....As announced on 5 June 2014, international engineering and construction company Mota‐Engil
    Africa has been appointed as the contractor to build the US$3.5B port and rail infrastructure for
    the Mbalam‐Nabeba Iron Ore Project which straddles the border between Cameroon and
    Congo‐Brazzaville.

    The signing of both contracts for Cameroon and Congo formalises the appointment of Mota‐
    Engil Africa as the EPC contractor to undertake the work for both the port and rail
    infrastructure. The rail component of the contract encompasses the entire 580km of railway to
    be built in both Congo and Cameroon....."

    So everything is on track to production, another box is ticked.

    Good luck to all holders.

    Pikapika
 
watchlist Created with Sketch. Add SDL (ASX) to my watchlist

Currently unlisted public company.

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