Hi GettyI haven't had a close look at the figures however I am...

Hi Getty

I haven't had a close look at the figures however I am hoping/thinking that

1) we have a low interest rate due to borrowing through China
2) we will be making money on our iron ore
3) the loan I presume will get drawn down in parts, not all at once

will mean that

1)our iron ore profits can pay down the loan or lessen the amount we need to borrow
2) the interest won't be as high due to a lower interest rate through Chinese borrowings so we could have better cash flow than the norm
3) perhaps the interest during construction won't be too high until it gets fully drawn down
4) we will have good cashlfow due to our iron ore shipments


As I said I haven't had too much of a close look at it and happy to be corrected or have things better explained by others.

Cheers

Geoff