Project Financing

Hi All

Have you noticed that it seems the Board is now very clear as to what they intend to do with Project Equity Funding?  I have just listened to the webcast, GC said "...we are looking strongly at the sale of the port and rail ....we will pay a tariff to those guys and the objective is to keep as much of the mine as possible so that we have control of the mine...."

I copy all the Project Equity Funding part from the recent presentation/activity report below:

AGM - GC Presentation - 27 Nov 14 - Slide 27
The following sources of Project Equity funding are being considered:

• Sale of all of the Port and Rail
• Partial Mine sale
• Strategic investment

Africa Downunder - 3 Sep 14 - Slide 17
The following sources of Project Equity funding are being considered:

• Sale of part or all of Port and Rail
• Partial Mine Sale
• Strategic investment

Diggers & Dealers 4 Aug 14 - Slide 14
The following sources of Project Equity funding being considered:
—Partial mine equity sale;
—Partial project-level port and/or rail equity sale;
—Sell port and rail infrastructure;
—Strategic investment


Quarterly report - 23 Oct 14 - Page 3
The following sources of Project Equity funding are being considered:
Partial mine equity sale;
 Partial port and/or rail equity sale; and
 Total infrastructure sale.

Cheers.

Pikapika