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1.7¢ austsino resources group limited

.......Cameroon/Congo has to be a more stable political...

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Mos51e

672 Posts.

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27/02/24

14:26

Post #: 72621308
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Originally posted by Praetor: ↑

Don't leave out the other key sentence in the paragraph!

"Nonetheless, Stausholm expressed confidence that this approval would be granted soon.

In January, Baowu raised $1.4 billion from a bond issue in China intended to support the project, which entails the construction of a 552-kilometer rail line to transport high-grade iron ore from two new mines in the Simandou mountains — one to be constructed and operated by Rio Tinto — to a new deepwater port on Guinea’s Atlantic coast."

Regardless, our Project further South should provide a much more attractive opportunity based on a quicker timeline to completion and purely Chinese backing...Baowu or not.

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.......Cameroon/Congo has to be a more stable political proposition than Guinea also.

ANS Price at posting: 1.7¢ Sentiment: Hold Disclosure: Held
4 Upvote

0 Great analysis

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