... Ivan Glasenberg, Glencore chief executive, said last month that his miner-cum-trader might be interested in Simandou but only if was not obliged to help fund the railway and port that would be required...
Hence, it begs the question (given the trans-Central African IO province capex is a tiny fraction of Simandou's) and being ready-to-go (even with EPC contract awarded to Mota-Engil ready-and-waiting).....
Would Glenstrata bid for Sundance's assets (port & rail infrastructure expandable to 100MTA + Mbalam-Nabeba IO resource) potentially synergizing with Avima across the road if debt funding (from western sources ONLY) along the tune of $3.5B are already indicated by ECA, DFA and commercial banks.
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