project operations update, page-43

Hi jhu, I'd just like to add that the announcement that they are going to Karara Chinese Banking Partners is unclear. I expect that they don't mean the Chinese Development Bank since I have already been told by GBG that this process takes at least 12 months. Further, I am not aware of Karara having any other Chinese banking partners other than the Chinese Development Bank and Ansteel and the announcement is not referring to Ansteel since Tim N. made a separate comment about Ansteel being another option. So what does this announcement mean???

I think that only Ansteel and the Chinese Development Bank have a vested interest in the timely completion of Karara so who are these Karara Chinese Banking Partners and why would they jump through hoops for KML to provide a relatively small loan to quickly fund the completion of Karara?? sdo