CGG
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0.00% 53.0¢ citadel resource group limited

SIDFSaudi Industrial Development FundSIDF easily googledSIDF...

  1. theantipodean
    1,030 Posts.
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    13/03/08
    18:19
    Post #: 3465961
    SIDF
    Saudi Industrial Development Fund
    SIDF easily googled


    SIDF ..issues soft loans for private sector industrial and manufacturing ..Mining projects Included
    For 50%..

    Commercial Banks Traditionally support on back of SIDF participation (extra 20-25%)

    Plus Offset Funding..ie British Offset Program extra %

    Plus all prior monies spent is treated as equity contribution

    SIDF Funds under mgt US $5.3bn

    Summary ..project funding can be sourced from the region ...that is the most liquid in the world due to massive oil revenues
    CGG Price at posting: 0.0¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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