capital raising, page-10

Hi doogs,
My reading is that the chinese govt does not want to make their money from interst on the loans. According to the FT article they are charging less than 1% but what they do want is a full or part aquisition of quality projects. Hanlong Mining already hold 19% of SDL if another 30% equity is provided through the Hanlong group debt equity deal the chinese will effectively hold 49%. Now a stake like that in what will be a very large company in a few years is a good result for a 3/4 year loan. But maybe I am thinking to simplisticly.