Sundance chairman George Jones stands by Hanlong Mining
REBECCA LAWSON PERTHNOW NOVEMBER 25, 2011 6:42PM
"He said he had personally heard the deputy president of CDB tell the president in Cameroon that “CDB will be financing this project”, which is currently estimated to cost $US4.6 billion to develop stage one.
Mr Jones added that even “if Hanlong stumbles, this project is good enough to attract another offer” after commenting that Sundance could attain a higher price than the 57c cash offer Hanlong was offering."
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