Hi Shares, bottom of p.15 is consistent with what we have been told about the EPC tender.
That is finalization by Q1 2014.
The term sheet for equity could be another matter entirely.
I think the terms sheet for asset equity sale (wrong referred to as tender in the Australian article) is back in November as per GJ's comment of the signifiacnt re-rating.
The winner of the asset sale determines the EPC solution in terms of who would participate.
As I said, the Chinese won't be building rail road and port for the like of Glencore and Jindal.
SDL Price at posting:
11.2¢ Sentiment: Buy Disclosure: Held
