rail construction, page-6

Hi all,
I have not posted on SDL previously, and am not a holder, but have become quite interested in the project.

As you would be appear, there is ooodles of iron ore all around the world. Finding IO is not the problem; the issue is getting it to market.

What we also know is that infrastructure is really expensive to build. Also, building railway lines is not cheap, esp if you want one that is built properly. (The last thing you want is a derailment that stops your whole supply chain.)The Chinese are very good at building good railway lines, but I also think that the cost estimate allows for some contingencies. There is a high likelihood that the contingencies will get consumed in the construction. It is a fact of life in building infrastructure.

I think SDL has done really well to get the project to this point. I hope that SDL can ride the iron ore prices while they are still high!!!!

HT1