construction, page-53

Good buying Gindaldan, whether you pay 70, 80 or 90c, in a year from now when they are ready to dig and ship, we will look back and then realise what an opportunity it was.
Whether the seller has finished or not, it's good buying at these prices.

I noticed SDL had a bumper day and we know that it leaks like a sieve, whereas the other IO hopefuls including MGX MMX FMG etc. weren't all that flash. It's a long bow to draw but.... it aroused my suspicion???

No offence, I think the debt finance will come well before the BFS because preliminary approval for the $1.4b in senior debt has already been given and I doubt finalisation of terms will be contingent on the new BFS when the earlier one amply disclosed the solid cashflow expected from 8mtpa.

Ansteel is one of a select number of prioritized companies that the Chinese Gov't has determined as being crucial to China's progress and development. By nature of this, all means for them to progress their business has to be given priority. CDB loan is a done deal.