Wow, what a read. Some excellent insight there. Thanks Macca.Was...

Wow, what a read. Some excellent insight there. Thanks Macca.

Was this article embargoed, as I hadn't come across it in my numerous searches?

The 7 months mentioned would point to commitments being signed by ~JAN 2022 (June to Jan = 7 months).

Resource extraction by end 2024.

The 80B USD profit headline is misleading in some articles. It is actually CFAF for which the 80B = USD141M profit on the Rail line.

A mention of the Steel Mill. Mentions of further building opportunities in the CEMAC zone.
*Central African Economic and Monetary Community (CEMAC) is Cameroon, Chad, the Central African Republic, Equatorial Guinea, **on, and the Republic of Congo.

The potential to add more mines in the CEMAC zone to this corridor.

There must be Royalties on the IO itself, to pay for the USD9.3B cost of the infrastructure?

100MTPA*25Years=2.5BT

At USD80 per tonne (Chicago Mercantile Exchange future spot), that's $200B over the 25 years before operating costs. Net out the Operating Cost IO of $15 per tonne (Vale, Q4 2019). Minus 10B for the infrastructure investment to build out.

So, @USD55 per tonne (net) = $162.35B minus 10B infrastructure cost = $152.5B.

3% royalty on that is USD4.58B
5% " " " USD7.63B
7% " " " USD10.68B

Need to do a NPV on this.
NPV*% = [ $*B + ($* - $*)/**$* ]*(*/*) = USD $*B = AUD $*B

Some big numbers stacking up here.