Ann: September Quarterly Activities Report-SDL.AX, page-8

First 8 Last

Share
Profile

Follow
squidd

3,910 Posts.

30

28/10/16

21:03

Post #: 20214185
Share

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.

Expand

Hi taboon,

I'm sure Chinese steel mills do hold the project in high regard.

It's SDL they don't hold in high regard, and will be happy to watch wither and die. Once this occurs, the Chinese in question will be able to take over the project themselves.

Cheers!

SDL Price at posting: 0.3¢ Sentiment: None Disclosure: Not Held
6 Upvote

0 Great analysis

Reply

Top Stories

DUG

DUG Technology taking Shell to US District Court over A$4.75M dispute

EMD

Emyria Advances kicks off National Rollout with Avive Health Agreement

HotCopper Trends: Vection's $7M, Liontown dips & Wildcat PFS

RML

Resolution Minerals eyeing NASDAQ listing in "natural progression"

BEO

One of the biggest jumps today is the most obscure: Beonic Ltd up +65%

First 8 Last

Add to My Watchlist

What is My Watchlist?

A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.

Ann: September Quarterly Activities Report-SDL.AX, page-8

Top Stories

DUG Technology taking Shell to US District Court over A$4.75M dispute

Emyria Advances kicks off National Rollout with Avive Health Agreement

HotCopper Trends: Vection's $7M, Liontown dips & Wildcat PFS

Resolution Minerals eyeing NASDAQ listing in "natural progression"

One of the biggest jumps today is the most obscure: Beonic Ltd up +65%

Featured News