Ann: Sandpiper Feasibility Inclusion of Economic , page-3

re: Ann: MAK: Sandpiper Feasibility Inclusion... Yes, it all sounds like political nit picking on the part of Drummond. However, I can't see how the project can be a goer in a our hands with upfront capital funding requirements of the magnitude suggested in the DFS. Our Board have simply got to find a way to cut $200m off the upfront funding requirements, IMO, and reconfigure the project with less dilution. Agreed UCL have done all the work. The UCL hirings confirm that (the Namibian lady and Mr Daniels?) while MAK has been messing around with BCD all this time.