re: Ann: Scoping Study for the Colluli Potash... Capex cost and method of obtaining ....scrip or debt and costs of that should also be incorporated--- 700 million of it ....into any PE based calculation
Time cost .....5 years is also to be considered
What can happen in Eritrea over 5 years....no one knows
If govt changes will they want more stake in colluli?
I know that the current agreement comes with capex cost inclusion to pro rata of stake but how that gets honoured by a new govt is anyone's guess...if they say take it or leave it?
I hope that govt just patces things up with the yanks and sings their song and screws the Ethiopians
Wonderful opportunity but too many uncertainties
Ann: Scoping Study for the Colluli Potash Project, page-22
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