Ann: Funding and Strategy Update, page-48

Agree with you that the proposed railway can be built. The rain forrest can be cleared, the swamps reclaimed, bridges constructed, the culverts and the tunnels and the rainfall protection can all be built and versions of similar infrastructure have been successfully completed elsewhere. No massive technical leap or innovation required. Just a huge bag of money!
My point was that it will be capital intensive. Very capital intensive.
And yes I was talking about all the railways servicing the Pilbara. A good example is FMG. They designed and built the Cloud Break mine and the FMG Pilbara Infrastructure project (new railway and new port) for a total capital cost of around $2.6 Billion.
It is simply not possible for Sundance to realistically contemplate a similar capital cost to build a mine at Mbalm and a railway and port to access the Congo craton. Sundance DFS numbers are quoting circa $5 Billion and the real number is most likely a lot more....
J9