SDL sundance resources limited

what the heck is imic up to??

  1. 17,369 Posts.
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    Between a stock tube clip I watched and an article that I read today IMIC are making the following claims

    * They are seeking west African junior that need an infrastructure solution

    * THEY (they as in IMIC) are going to build a port/rail that will be multi-user that will service south Cameroon and maybe north Congo and Gabon

    * Their infrastructure solution will take a few years to build and will cost about 5 billion dollars. (now where have I heard that before)

    * When asked about finance they say they have finance to carry through the PFS and that THEY are working with THEIR strategic partners for infrastructure funding.

    * China Railway Eryuan Engineering Group, which will ultimately be responsible for the engineering, procurement and construction contract following completion of a definitive feasibility study, is “undertaking the PFS elements relating to rail line and port facilities”

    what's going on?? Are they just big noting themselves?? Are they stealing SDL's thunder?? What's the deal?? Please help, I'm confused!!

    Proactive article here:
    http://www.proactiveinvestors.com.au/companies/news/52320/imic-gets-to-work-on-nkout-study--52320.html


 
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