Re reindeer deferment.
"We have been informed today that the decision was made due to adverse changes in the global economic outlook that have impacted the proposed foundation customer".
That foundation customer was CITICPacific.
It would seem incredulous given CITICPacific's existing financial commitment to the Sino iron ore project that this issue arises now as another source indicated that they could not agree on the price of gas.
Are they walking away from Sino or is this more smoke and mirrors.
Add to My Watchlist
What is My Watchlist?