Thanks dugsab. A little bit more I can find.
Cheers.
Pikapika
June 19, 2014 |
FALLING iron ore prices and a dwindling share price have done little to dent the enthusiasm of Sundance Resources chairman George Jones, who has set a tight timetable for the group’s ambitious $4.5 billion fundraising efforts.
…Acknowledging that many in the market viewed Sundance’s plans to develop its large but remote Mbalam iron ore project — which sits in jungle on the border between Cameroon and the Democratic Republic of Congo — as an “impossible dream”, Mr Jones said there had been strong interest from a range of potential financiers and partners.
He pointed to his previous success at iron ore miner Portman, where he grew the market capitalisation from $12 million to $3.2bn, and the success of Andrew Forrest in financing the development of Fortescue Metals Group’s Pilbara iron ore assets as proof that Sundance’s goals were achievable.
