Page 29 : note potential saving of $500 million on estimated costs after Citic published their contracted costs on Hong Kong stock exchange. Balmoral South Project
•CITIC Pacific (24mtpa product)
MCC construction contract sum: US$1,750 m
Total project capital cost: US$2,470 m
•ARH (12mtpa product)
Pro-rata Chinese construction contract sum:US$875 m
Pro-rata Total project capital cost:US$1,235 m
•Preliminary cost estimate for Balmoral South (2007)US$2,100 m
Potential saving (Chinese construction):US$500 m +
lastest presentaion, page-3
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