Ann: Project Update, page-42

Tricky to calculate opening and 1 week later.

7 billion shares. in registry (FMG 3 bil approx)
Billions in Rev over long life 20+ years. Small amount FE higher than FMG and average
No Rev for 1 to 3 years if total building required before first shipment. Some small Rev early?
I/O price at that time. $40 to 120$ a ton
Cost of labour- African or Chinese? other? Cheap country in general
Deal outcome soon with amendments not foreseen- consesions?
Isolated mine to China and India when demand later- shipping costs - But close to Europe- market?
Stability and management of countries finances and maintenance of facilities- But others may use and pay tax.
China wants IN to SDL and Cameroon- control for deal? Plays by own rules, NOT western rules.

Any other Major expenses not predicted -eg Cam cant build railway or port- delays? no rev shipped, and project in trouble and dreams shattered- EEK


Please add or correct me on some of things i have suggested- Open forum and unlike "creationist", i can admit errors when i wrong in my "beliefs" haha

VERY LEAST- opening trade will be hectic and i cant see anyone selling (till late morning maybe) so queue should be stacked to buy heavily?