Sundance are very conservative with their costing's. The Rail Line figures have been done several times as time has gone by.
Silly Government. No free carry,but higher taxes in Australia. Also SDL have a five year Tax free period. One way or another the Cameroon Government have to pay for their free carry once Production starts. Half the cost of getting to Production I believe. I don't believe the Infrastructure cost will be in that half cost. All other cost's leading to Production will be included.
Stand's well over $100 million at present I believe.
Regards Westcott.
SDL Price at posting:
32.0¢ Sentiment: None Disclosure: Held
