Thanks Praetor. I actually looked them up on their website earlier. Sure enough they have a 700MT high grade DSO resource. As advanced as they are, they can only truck a few million tons of ore via Cameroon annually without rail. Agree, their case is super strong and they are clearly pulling no punches.
As a FMG holder, I think Twiggs must be kicking himself now for not trying hard enough to secure the 2 northern blocks in Simandou in late 2019 when iron ore spot price was about half of what it is. So much for Sam Walsh scaring the minnows in 2015 that iron ore price will never reach $100 again in our life time.
Let's hope ANS is somehow joint at the hip with this Sangha mob and we get to participate in the project development targetted late this year.
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Thanks Praetor. I actually looked them up on their website...
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