convention agreed, page-16

Hi (baukaw)

The mention of $7 billion needed should not be even included or spoken of at this stage.

The Itabirite cost is many years down the track.
Look at the start up of FMG and cost to start exporting their iron ore.The extra cost for other areas of their projects are being met partly by initial sales revenue.

Sundance have already on numerous occasions,said the Itabirite phase will be funded from revenue from the DSO sales.
Yes it will cost a dollar figure,but they are not contemplating on having to raise the cash from other means of financing parties.

Regards
Westcott.