Hi all just cut and pasted some quotes from various posts in HC. A lot of reasons to have hope and thought it might be a good to to revisit them. It will happen, not last week, but it will happen!!
Philgrm.
"Not too far away" from securing its own cashed-up partner.(Quote from G.Jones 29/8/09 to the West Australian Newspaper)
"The project has the potential to be a top 10 global producer." (Quote from Steel Guru 9/12/08)
He did say, "It's tough out there though and they remained quietly confident." (Quote from John Gregg-Carr 7/7/09 to Marley8 in phone call)
Meanwhile, Peter Canterbury, the chief financial officer of Australia-listed Sundance, also said several mainland companies had expressed interest in investing in its Mbalam iron ore project in Cameroon, in central West Africa. He also said co-operation with mainland companies could be in the form of providing financing, construction of infrastructure, offtake agreements for iron ore, or a combination of them. "We're very open on the co-operation format," he said. "They [mainland companies] could invest in the Mbalam project or buy a stake in Sundance or even both." (23/6/09 China roadshow)
“One difference with our Mbalam project is that we also have a significant DSO resource. By sheer size, Mbalam represents a larger resource than most proposed iron ore projects in Western Australia,” “We have a large, long-term project with good grades and have attracted strong interest from the industry, despite the current market conditions,” Lewis said “Mbalam is now firmly established as a major potential iron ore producer with a number of potential offtake and financing parties.” (Quotes from Don Lewis in Resourcestocks magazine 12/08)
SDL Price at posting:
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