"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
SDL Price at posting:
8.1¢ Sentiment: Hold Disclosure: Held