Sultan Corporation is to take part in a new call for bids for a carbonated phosphates project in Togo after believing it had won the first (AMI 264), only for the Port Novo authorities to cancel the contest. The one difference with the former auction is that the new tender, supervised by the World Bank, will no longer concern both developing and processing the ore, but to choose between one or the other. Sultan is expected to pick developing the mine.
Great news, the World Bank is supervising the process.
This should ensure a much more transparent processing of our tender.
SSC Price at posting:
1.1¢ Sentiment: Buy Disclosure: Held
