Hi all,
Interesting times up north in the ROC/Cameroon area.
A recent announcement by the Cameroon Government states they are taking control of financing and developing transport infrastructure with the help of Chinese SOE's. This infrastructure encompasses a railway line from Nabeba/Mbalam to a port in Lolabe.
The projected railway line runs very close to EQX's Badondo deposit.
If this infrastructure plan eventuates, does EQX then think about drilling out Badondo? A 200mt+ 62%Fe DSO deposit close to port and rail would have to be worth a few bob wouldn't it?
Obviously IO macro conditions aren't positive at the moment, and don't look like improving for some time. This could be a longer term play though.
Cheers!
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