Ann: Placement , Share Purchase Plan and Underwri, page-75

re: Ann: Placement , Share Purchase Plan and ... Hi All.

I think what has to be remembered also is, SDL have said they would save about US$50 million on the cost of building the port compared to the initial estimate.
They said the cost of building the rail line will be less than they first thought after getting the seismic report for the rail line as the route chosen was better/more stable than they thought.
They have a contingency allowance for any unforeseen costs cropping up of US$508 million.
Indirects allowance of US$442 million.

They are likely to be offered,and have already been approached with offers from organisations such as World Bank and African Development Bank to help fund the project.

Regards
Westcott.