Old news? Fresh from miningweekly: http://www.miningweekly.com/article/sundance-to-unlock-a-new-iron-ore-region-in-central-africa-2012-07-27
Didn't mention Hanlong, but saying
"Sundance has entered into final negotia- tions with contractor China Rail Construction Corpora- tion (CRCC) for the con- struction of the Stage 1 32 t axle load heavy-haul railway. The company has also commissioned a basic design for the railway line to be provided for CRCC for further detailed development
Progress with contractor China Harbour Engineering Company (CHEC), which is responsible for the delivery of the deep-water iron-ore port terminal, has been excellent, says Sundance.
CHEC’s tender is being reviewed before Sundance enters into final negotiations to confirm the contractual arrangement for the construction of the Lolabé port.
Struction on the port and rail will start once final government approvals and project financing are secured."
Look like everything is ready just waiting for the nod from China. COME ON!
SDL Price at posting:
32.7¢ Sentiment: Hold Disclosure: Held
