NMR 6.25% 3.0¢ native mineral resources holdings limited

trans-kalahari rail project, page-9

  1. 2,353 Posts.
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    And here is a bit of a Botswana railway re-hash / update for the punters....

    Looks to be current - speaks of Botswana and Namibia in talks in February.

    I think the Canadian firm mentioned could be CIC Energy? Things is happening...

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    Some big names in the fray... "Industrial Development Corporation, Xstrata and Anglo-American" all mentioned in this article alone - all pushing for the Trans Kalahari / Walvis bay setup - which tends to favour NMR with its route.

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    Some quotes....

    "Anyway, we don't mind the project having more than one entry point. Countries always want more than one route to the sea"

    "Electrified railway line"

    "Decision expected this year"!!!

    "Both proposals have private sector backers and both want to develop the project as a concession on a private basis,î he says"


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    Article is well worth a read - some nice little clues in there.

    Will be doing some further sleuthing around these guys for sure.

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    Cabinet mulls US$7bn railway

    http://www.observer.com.na/index.php?option=com_content&view=article&id=65:cabinet-mulls-us7bn-railway&catid=1:business&Itemid=2

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    bsh
 
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