SDL sundance resources limited

China Ghezouba and SDL, page-8

  1. 483 Posts.
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    Quoted from the original article

    "In other words, after several years of development on this ore project, which so far has not attracted many investors, the State of Cameroon (who itself has difficulties finding investors for the construction of the infrastructure linked to the project) has given until June 2018 to Sundance Resources to fund the required partners to build the mine, or withdraw from the project otherwise. A situation which would certainly please China Ghezouba, who according to sources close to the project, has discreetly hinted to the Cameroonian authorities its desire to be the sole investor on this mining project (eventually with other Chinese partners), but not with the initial sponsor which is the Australian mining group.'

    Sorry, But
    Sounds like the Chinese Government will not provide the funding until SDL is out of the equation.
 
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