Yacheng, your post wasn't directed at what I posted I hope.The...

Yacheng,

your post wasn't directed at what I posted I hope.

The point of my post is I think we need more than an offtake agreement for 40% of the Mbalam project.

After all an offtake agreement is nothing but a piece of paper. Usually not legally binding.

I want them to bring the $5 Billion as well.

Then there is no need for any financing from a second party. As I posted previously $5 Billion to make $33 Billion to $100 Billion is a great deal for the steelmill.

I'm hoping management don't settle for just an offtake agreement.

And then have to bring in a second party to do finance.

IMO Steelmill brings $5Billion and an offtake agreement to the table or management keeps on talking to other parties.

Koreans,BHP,Xstrata,RIO to name a few.

Cheers EWO.