Ann: September Quarterly Activities Report-SDL.AX, page-7

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eyeswideopen

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28/10/16

18:00

Post #: 20210780
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Originally posted by taboon ↑

That sounds promising...

Strong support needs to be converted to funding the project....

MEETINGS IN CHINA
During September, Sundance CEO Giulio Casello, supported by representatives of some of the noteholders and RFC Ambrian’s Mark Eames, held discussions in China with the proposed EPC contractor for the rail and port infrastructure for the Mbalam Nabeba Iron Ore Project ("the Project"). Meetings were also held with several Chinese steel mills regarding the Project and the status of the Chinese steel industry.
From the discussions with the proposed EPC contractor for the rail and port infrastructure, the Sundance party received further confirmation of strong support for the Project. The steel mills provided assurance that the industry continues to hold the Project in high regard and believes the need for high quality iron ore will not abate.

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Always reads promising but no,they're still on the incorrect path,imo.

Learnt nothing!

SDL Price at posting: 0.3¢ Sentiment: None Disclosure: Held
2 Upvote

0 Great analysis

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Ann: September Quarterly Activities Report-SDL.AX, page-7

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