some good point - but don’t forget project will likely be at least 60% debt funded using attractive Chinese policy bank debt. Will not be 100% equity. I agree that CCECC and CMEC likely 5% each equity contributions.. When CCCM lists on HKEx with cornerstone investors like this the price will take off. The key question is what will ANS share be of CMCC. Over to Ding to continue to nurture our position and interests. Hopefully done by Chinese NewYear at end of Jan..
ANS Price at posting:
1.7¢ Sentiment: Hold Disclosure: Held
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