Hi (HCuser7)Never too late for others to come in.We as...

Hi (HCuser7)

Never too late for others to come in.

We as shareholders have no idea who they are/have been talking too for funding,off-take or J/V.
It has only come out in an announcement this last week that Sundance and Core Mining,Glencore and Severstal have been in talks for some time about rail use/J/V Funding of Infrastructure.

I was told that Sundance and Core were in talks and waiting on Core Mining to come up with a resource figure.
I have posted that comment on several occasions over the last 18+ months.

Core Mining announce their resource figure,a week or two later comes the announcement of their talks on rail use and/or Infrastructure funding sharing.

SDL shareholders should have seen this with Core Mining coming.As I said in an earlier post we need to read between the lines.

Other things to contemplate are.Rio Tinto with iron ore tenements in Gabon,close to SDL Rail corridor.

Rio Tinto having people on the ground in Cameroon looking for Iron Ore as well as having a Alumina tenement and going to have a Port Site near SDL Port site.

Talk of BHP getting involved in Gabon at Belinga.

Xstrata who Glencore want to do a Joint Partnership with or take over of them.Xstrata are in The Congo Republic in Iron Ore.

POSCO in The Congo Republic in building a rail system ending close to the Cameroon border a bit over 100kls from Mbalam.

Regards
Westcott.