ANS 0.00% 1.7¢ austsino resources group limited

Mbalam railway construction starts late August 2023, page-223

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    This article from December 2021 claims that "Simandou is the closest to realisation."

    China reveals plan to end the need for Australian iron ore

    An excerpt:

    https://hotcopper.com.au/data/attachments/5595/5595820-231d2f7f38a00903d4dd27495af767dc.jpg


    Source:
    https://www.news.com.au/finance/economy/australian-economy/china-reveals-plan-to-end-the-need-for-australian-iron-ore/news-story/1035a296e5e45c60e8c0da4e3016b586

    Strangely enough, no acknowledgement to Cameroon or Congo in the article which supposedly is years closer to laying the elusive and MIA foundation stone.

    You have to wonder, if Simandou is "closest to realisation" and is having funding issues, then where does that place the Mbalam-Nabeba project?

    So close, but so far.

    And to end on a happy note, current rum offers at Uncle Dans: https://www.danmurphys.com.au/spirits/rum/currentoffer-1
 
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