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1.7¢ austsino resources group limited

Fully agree with that postBRING IT ON......need that IPO news

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07/08/22

09:08

Post #: 62967819
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Originally posted by MWR8: ↑

Hi all,

I am piecing together the contacts for ANS, Bestway and its consortium. So far I have this:

ANS will have PPP contracts for the port and rail with both Congo and Cameroon (50 years).

Off-take agreements (10 years): Both Baowu Steel and Tsingshan Minerals Metallurgical Corporation have committed to purchasing all the IO for the first 10 years of production.

We then have EPC contracts with: China Railway Construction Company, Yantian Port Holding Shanghai, China Harbour Engineering Company and Metallurgical Corporation of China. I would also say that there would be a O&M agreement with each of them also (this is not confirmed).

If I have missed anything regarding contracts let me know.

Furthermore Bestway is purely for administrative purposes only. Off the back of this I question for all - We know the proposed rail line goes through 10 major mining deposits and has multiple deposits 20km-50km off the mainline. How will the tenerments be divided if Bestway is only here for administrative purposes...

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Fully agree with that post

BRING IT ON......need that IPO news

ANS Price at posting: 1.7¢ Sentiment: Buy Disclosure: Held
2 Upvote

1 Great analysis

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