ANS austsino resources group limited

Just thinking out aloud here...Looking at the scale, Nkout to...

  1. 3,311 Posts.
    lightbulb Created with Sketch. 720
    Just thinking out aloud here...

    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.)

    https://hotcopper.com.au/data/attachments/4542/4542495-2cccde458723b937c8d9b3154566ab7f.jpg

    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. ;-)



 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.