Looking at the scale, Nkout to Mbalam is ~ 120km line of sight. Actual path of a winding railway undoubtedly longer. (The reference to 30km above in Ecomatin article is grossly incorrect - perhaps they meant 130km.)
I wonder if it's been contemplated to stop building the rail line at Nkout? Then in the future if/when the Mbalam & Nabeba/Babondo/Avima litigation is sorted, extend the rail to Mbalam and then the spur line into Rep of Congo.
Would minimise up-front capex.
That's what I would do, anyway. ;-)
ANS Price at posting:
1.7¢ Sentiment: Buy Disclosure: Held
