Whatever resource definitions published for the Sangha trio and Mbalam cluster would be just the tip of the iceberg.
Old Sundance metals resource docs mentioned drilling results showed open at depth and along strike. The scale suggests it's no joke calling the region a new Pilbara.
So much DSO and when all that is mined for at least 15 plus years, the high grade concentrate production could last another 50 years. Some of the most successful Brazilian iron ore operations produce concentrates from that same geologically formed Itabirite before continental drift.
Ding knew the high grade ore economics of Mbalam Nabeba would be needed to underpin the port and rail infrastructure. Then the other deposit can piggyback later on. That was perhaps the vision for the ANS investment 4 years ago.
Ding rolled the dice and took then plunge. As they will say at the IPO, the rest was history. LOL
Bring it on !
ANS Price at posting:
1.7¢ Sentiment: Buy Disclosure: Held
