finale : prediction & analysis, page-3

Hi (Matt747)

I thought China said they were looking to joint venture, rather than make the mistake's of the past and take over a company. They do not have the now how with running a mining project.

I took it that SDL would only look at a full take over at a last resort.
The Chinese are not good at keeping to environmental guide lines.

They have been getting a very bad name in Africa with problems associated with local labour, poaching of ivory, diamonds, gold, timber and taking iron ore out of Cameroon without permission. China's Sino Les Mammeles iron ore tenement near Kribi. Also had a lot of problems with local people.

China are very good at making products for rail and port structures, mining plant etc. They are not good at running these sort of infrastructure items.
If the Chinese cannot use all Chinese labour, they do not seem to do well. Just have to look at China in the Pilbara near Port Headland.

China is building the Kribi port, but not going to run it.

IMIC, AIOG and The Guinea Government have signed a shady deal to build and operate the rail and port for Simandou , but are being investigated by the world banking authority and other world bodies about how another Chinese backed group with very little cash can be looking to spend Billions of dollars on these projects.
They were suppose to have it going by 2015, It has not moved and is still under investigation with all the other deals done in Guinea.

Where ever there is muddy water the Chinese are involved.
There are other countries doing the same sort of thing's I will admit, the Chinese are at the forefront in most of these shady deals.

Regards
Westcott.