Your statement is not accurate.
WAPRC will own ANS around 61 per cent and ANS will only own SDL only 50.2 per cent. So you should be grateful that the iron projects are in SDL. Without SDL projects, ANS is only an empty vessel at current stage. Most likely that $100 million from WAPRC to ANS will be used for SDL projects.
Ann: Sundance Noteholders Confirmation Received including App 3B, page-10
Add to My Watchlist
What is My Watchlist?