SDL 0.00% 0.6¢ sundance resources limited

If you look at the current situation in Cameroon, the Govt has...

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    If you look at the current situation in Cameroon, the Govt has not been very good at repaying its current loan debt with China.

    I do not think the Chinese have the appetite to invest in the single biggest infrastructure project in the country being the 360km rail to the interior.
    And as we all should know by now, without the rail and port (which now is what the Cam Govt has to progress and failed to date) the Mbalam project remains and will continue to remain a stranded IO resource.

    I am betting on any other funding by the Chinese to ANS will end up being invested in WA where they will have far more security with an already established IO industry and strong commercial institutions.

    Historically Sundance had only one card and chance to play in the Hanlong deal to take the money and walk away.
    When that fell over so it was all downhill after that.

    I honestly do not see anymore money being spent by Sundance/ANS in Cameroon. I think it is dead..

 
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