SDL 0.00% 0.6¢ sundance resources limited

**on : sundance eyeing belinga iron, page-5

  1. 1,419 Posts.
    Squidd, although that would be the ideal solution for the Gabon government im not necessarily sure that will be the final outcome....in my opinion it all depends on the economics, and they all depend on who moves first....

    If SDL and partners move first i think it is almost a lock that ore from Belinga goes out through the cameroon, just because the economics would be so compelling versus a standalone development going through gabon.

    these projects have been at a standstill for years and im not sure that a government would turn down a solution that see's investment in country.....infrastructure through to the cameroon is better than none....

    governments dont have a huge amount of leverage in these situations, if they want investment it will have to be on the terms of the financier.....especially given the greenfields environment at the moment

    whoever makes the first move will have basically all the ore from the region channeled through it
 
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