Will we still be going down this line if not i hope the management will update us in regards to this matter The Project consists of the: o Mbarga and Nabeba iron ore mines, processing plants and associated infrastructure The Project will produce at least 40Mtpa from the two mines for 30+ years in two stages: o Stage 1: high-grade hematite direct shipping ore (DSO) for at least 13 years o Stage 2: 66-68% concentrate product from itabirite for further 20+ years The Project will utilise: o a new railway (to be constructed) from the Congo, through Cameroon, to the coast with: ➢ 540km in Cameroon; ➢ 40km spur line in Congo; and o a deep water iron ore mineral terminal (to be constructed) in Cameroon
ANS Price at posting:
1.7¢ Sentiment: Buy Disclosure: Held
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