crm's deep pockets

what a bunch of amateurs have run UMC to underestimate a partner like CRM

"CRM - a sprawling state-owned company that provides steel and other materials needed by the Chinese railway industry - has also expressed interest in funding the second phase of Tonkolili, Frank Timis, African Minerals' chairman and largest shareholder, told the Financial Times. The second phase, expected to start by 2013, will cost $2.5bn (1.6bn) and include construction of a railway and port."

I shouldn't post the whole article because of copyright but click on the link to read the whole thing... I bet you will have a sore neck tomorrow from shaking your head in disbelief about the incompetency of the clowns running UMC

clck here for FT.com article 7. January 2010 - Chinese stake in African Minerals