I think it shows that SDL are doing and planing a lot more than we share holders are aware of. Other tenement applications are not far off being awarded I would think.
If SDL get the Les Mamelles tenement and could get it going quickly,it would have a chance of starting early because of its closeness to port. The rail line I believe will start from the port site. Les Mamelles is within 50kls from the port site. While the rail is being built towards Mbarga and Nabeba,which will take 2 to 3 years to build,they could finish drilling,which Sino have started and be stock piling iron ore at port at the beneficiation plant that is planed. SDL are still looking for other tenements in Cameroon and The Congo.They have workers in The Congo doing field work and mapping of other areas that they do not own at present.
Regards Westcott.
SDL Price at posting:
42.5¢ Sentiment: None Disclosure: Held