xstrata v hanlong, page-60

Hi Doogs

I have noticed your posts about Congo - you've been busy on the late shift.

I wouldn't worry too much about the Congo side of the project.

If you look at where the port and rail are and which African leader is in China, then Cameroon is the main focus right?

I am not exactly sure about the resource figures and planned production but that is probably mainly in Cameroon too.

Also, considering a couple of posts just before this one, I see about a zero percent chance or thereabouts of Hanlong re-listing any of their existing assets (ex-SDL or otherwise).

They are a private company and the Chinese want control of the iron ore. I doubt they are interested in a few billion worth of proceeds from share floats.

Just look at their acquisitions - they are doing the opposite of what the posts above are suggesting.