"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
- Forums
- ASX - By Stock
- Ann Out, EPC signed for Congo
"Wow, Mr Market is proving to be a tough audience How could...
-
- There are more pages in this discussion • 10 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add SDL (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
LU7
LITHIUM UNIVERSE LIMITED
Alex Hanly, CEO
Alex Hanly
CEO
SPONSORED BY The Market Online