SDL 0.00% 0.6¢ sundance resources limited

Railway and Port Project?

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    Revisit old news and require update from the board in regard to status of Mbalam-Nabeba Iron Mine Supporting Railway and Port Project in Cameroon.

    http://www.chinadaily.com.cn/m/gezhouba/2015-09/09/content_21831112.htm
    Updated: 2015-09-09

    China Gezhouba Group of Companies (CGGC) winning bid of Mbalam-Nabeba Iron Mine Supporting Railway and Port Project in Cameroon




    • JANUARY 13 2016
    Sundance Resources delayed by China Gezhouba Group Company's unsigned contract
    http://www.smh.com.au/business/mini...mpanys-unsigned-contract-20160113-gm4x04.html

    Extract from the above link
    "The selected EPC contractor advised that it continues to support the project but has requested a postponement of the contract signing until market conditions improve and progress on their [Cameroon government] financing is more advanced," Sundance said.

    Unquoted:

    Since the iron price has surged to $90 and above, the board needs to update us in regard to status of Mbalam-Nabeba Iron Mine Supporting Railway and Port Project in Cameroon.
 
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