Hi Hotazel, the logic is pretty simple for why the Cameroon government would want to expedite financial close at the project level (mine, port and rail) by resolving the mine ownership question once and for all.
Countless numbers of jobs, substantial income and other economic spin offs for the impoverished countries to be gained from this mega project.
EPC financial close DEPENDENT on Mine financial close has been flashing neon.
Just as MofCom supports ALL parts of the project (mine and infrastructure).
Yoka's no nonsense remarks about funding certainly is a BUY signal for me.
SDL Price at posting:
1.1¢ Sentiment: Buy Disclosure: Held
