Good to see placement finally done so the company can move onto exploration. Interested to see if Jungle creek picked up some placement stock. Would be a bit cautious of applying valuations to target resources, alot of work to do before this can be proved.
The Gabon, Cameroon and ROC borders host major high grade iron ore resources with SDL, Coremining and CEMEC looking at DSO operations. WGO and EQX are the juniors with exploration leases in the same area. The potential for this area to emerge as a future iron ore production province providing competition to australia and brazil over the next 5-10 years. See links below
