Chinasonangol (SC) main shareholder of Hudson was a joint venture between the national oil company of Angola (Sonangol) and CIF of Sam Pa or at least place Qweensway. It seems the JV is dislocated and the daughter of the ex-president Santos has just been disembarked this week from the presidency of Sonangol.
Assuming that they are financing a feronickel project and according to the last rns they have got a go ahead without BFS, Why they are selling fix assets including trucks and drilling Machinery?
Mrcausious and others, Hudson or CS have more interest than you and me to finalize the project start exploiting the ''huge asset''. As sparski said CS have financial resources Why they're not going ahead?
I Am not ramping or deramping. I never tell anyone to buy or not.
Just telling what is my remarks about.
Was it a deramp when I talk about FGM starting production?
The mater is who will fund them? Regarding to all aspects of risk. Hudson can't because depending to cs the main figure of CS Sam Pa is in jail to China. Not really work on ground since almost a year....