ANS isn't even close to being in the same position as SDL. A few points to consider: MOU + feasibility signed by both states, funding acquired via Ding + representatives from each of these 5 companies (China Railway Construction Company, Yantian Port Holding, Shanghai Tsingshan Minerals, Metallurgical Corporation and China Harbour Engineering Company) totalling 10 billion, binding agreements should happen later this month or early next month, construction due to commence this Q (Feb/March 2022). 5 x companies whom are all leaders in their respective fields; Mining, Ports, Rail and Steel.
IMO IPO on the HKSE. Makes sense with SOE backed companies. I won't even make the agreement re: China and it's need for IO... We are all aware of the current situation with IO and PRC and Aus.
Explain to me how ANS are in the same position apart from the obvious argument that 'it's difficult working with foreign governments/sovereign risk'?
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