"As described in Sundance’s ASX announcement on 3 April 2019, a number of meetings occurred both within and outside of Cameroon between senior representatives of the Cameroon Government and representatives from Sundance and AustSino Resources Group (ASX: ANS) (“AustSino”) as well as potential other consortium partners that are interested in participating in the funding, construction and operation of the Mbalam Nabeba Iron Ore Project (“Project”)."
"These potential consortium parties attended the meetings held in Cameroon at the end of February 2019 and they have all signed non-binding MOUs or similar documents with AustSino. In addition, a nonbinding consortium acknowledgement agreement (“Consortium Agreement”) was signed on 28 February 2019 between the Chinese parties, Sundance and AustSino. The Chinese parties together represent a world class syndicate and are:
• Shenzhen Yantian Port Holdings Co Ltd; • China Railway Construction Corporation International Co Ltd; • Hong Kong Baofeng International Co Ltd; and • Shanghai Tsingshan Mineral Co Ltd.)."