Agree this is the best iron ore resource in the world that China...

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bruceleroy

721 Posts.

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21/07/22

14:21

Post #: 62654185
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Originally posted by taboon: ↑

I see it a bit differently to you. That's fine we have an opinion. That's what this site is for people to express their opinions.

The Appeal was dropped only because it would have been denied anyway by the courts. Cheaper to the drop the appeal than proceed with throwing more money towards something that was doomed to fail.

There is a mountain of overwhelming evidence and that is why the legal case is still proceeding. That is a FACT.

There has been thousands of articles of speculation in the Media over the last 10 or more years around the SDL project and the regional IO resource running along SDLs proposed rail corridor. There are many other potential projects and companies in the area, some of which are also caught up in this farce. Media is great at speculation, and is often used as a propaganda tool.

It is going to be very interesting to see how this one plays out.

My view is that the Chinese Communist Party will take over this project 100%. This is what they have been working towards since the beginning. They could have funded this project 10 years ago and almost did through Hanlong. Don't be surprised to see both SDL and ANS burned as collateral damage. Chinese communist party have now got their hands on and access to 15 years worth all the commercial in-confidence (confidential) information around the project thanks to Ding.

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Agree this is the best iron ore resource in the world that China can immediately invest in helping ANS and Bestway to develop in order to unleash a massive supply of world class high grade ore across the entire region. Basically a Pilbara in the making. LOL

In so doing, China disrupts the iron ore cartel stranglehold, dramatically reduce geopolitical supply risks and benefit the poverty stricken countries of Central West Africa to create critically needed jobs and economic growth.

Disagree ANS will get burnt. We are in a uniquely commanding position. Once Ding secures infrastructure funding, ANS shareholders are going to ride the money train. LOL

Bring it on !

ANS Price at posting: 1.7¢ Sentiment: Buy Disclosure: Held
5 Upvote

3 Great analysis

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Agree this is the best iron ore resource in the world that China...

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