Australia's largest stock trading and investment forum Australia's #1 stock forum

SDL

Click for more information

0.00%

0.6¢ sundance resources limited

SDL, page-49

First 49 Last

Share
Profile

Follow
Quantum Torus

28,254 Posts.

249

13/12/17

19:38

Post #: 29609459
Share

Originally posted by westcott ↑

Hi Quantum Torus.

Until Taboon answers your question. The Cameroon tenements, mining rights and conventions have no impact for owners of The Congo Republic tenements as far as I am aware.
If SDL loose the Cameroon rights, The Congo rights are still in force.
As I have said on several occasions, The Cameroon requirements of Rail and Port for SDL's Mbalam iron ore mine pits are not feasible without having the iron ore from The Congo tenements. There is a lot more DSO in The Congo than is available in Cameroon.
Whoever ends up with The Cameroon tenements will need The Congo iron ore as well.
If Cameroon take Mbalam off of SDL, SDL could if funding can be found go with EQX's Badondo, The Avima tenement, Belinga and a couple of others in **on and take iron ore through to a port in **on. A new Port would need to be built. The rail in **on would need to be extended towards Belinga, brought up to Standard rail size from the narrow gage that's in **on. They would also need to extend the present rail line South of Belinga and go South/West instead of its present direction of West towards the coast.
A new Port has been discussed over the last couple of years.

Regards
Westcott.

Expand

I'm hearing you westcott,

The best bits are in the Congo.

SDL Price at posting: 0.5¢ Sentiment: None Disclosure: Not Held
Upvote

0 Great analysis

Reply

Top Stories

TLX

Telix jumps 11.6% as US government indicates proposed medicare changes won't affect prostate cancer drug

AUG

Augustus sees imperial share rise on high-grade Cu and gold results at Ti-Tree

TX3

Canadian fieldwork yields multiple pegmatites for Trinex

I88

Infini soars 50% as company reveals it could’ve just made uranium history – redefining what it means to be “high grade”

RNU

Renascor wins a funding boost given it wants to produce a critical mineral – but $5M award pales in comparison to some

There are more pages in this discussion • 137 more messages in this thread...

First 49 Last

Add SDL (ASX) to my watchlist