Update from Cameroon Minister, page-14

Hi Westcott,
Great to see you back posting.
I agree with you that one of the critical viability factors and major difficulties of Sundances's project development pathway has been the essential need to develop two different mines in two different countries contemporaneously.
Eventually, from a political and geographical logistics perspective, Nabeba may end up forming part of the development plans for Avima and Badondo (and by practical extension Belinga).
As you know Westcott, I have always seen a strategic advantage in the regional projects that have one single deposit that has sufficient size and grade to support a long term large scale operation. There are obvious operational advantages and even more compelling advantages of not having the massive cross border issues and political problems of dealing with two governments.
Personally I am much more comfortable that regional project owners like Core Mining (Avima) and Equatorial (Badondo), in addition to single mine development plans, have a strategy that is comparable with long term survival.
J9