SDL 0.00% 0.6¢ sundance resources limited

MOU?, page-2

  1. 8,602 Posts.
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    Hi eyeswideopen.

    You could be right with your thoughts. I also read the reports in full usually.
    Infrastructure funding needs the Mine to be funded for the Infrastructure projects to get Funding. Sundance to support Cameroon Government with its technical expertise as the Infrastructure is funded and the Government of Cameroon will continue to support Sundance in the development of the Mines which will be required to support the Infrastructure Loan.

    Another point about Cameroon taking Mbalam away. Mbalam Mine relies on Nabeba Mine to get over the impurity problem. Mbalam/Cameroon Iron Ore Reserve is small in comparison to Nabeba Iron Ore Reserve which is in The Congo Republic, not Cameroon.
    In my opinion, Mbalam Project is not Financially viable without The Congo Republic Project of Nabeba.
    Wafin will help Fund the Mine if needed Giulio has said.

    We will have to wait now for jayneen to put us right on our comments.

    Regards
    Westcott.
 
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