the ozzy, page-2

Good morning,

Previously Giulio stated that Sundance's back-up strategy following the termination of the deal with Hanlong was to examine three options, viz:-

(A) A JV with a Chinese steel mill, so a JV at the assest level with the partner buying into the asset.
(B) A low capital strategy where the port and rail is provided by an infratructure provider with Sundance paying a tariff and also having a guaranteed tak-off contract in place.
(C) A take-over.

Now Mr Casello is planning to separate the infrastructure from the mine; is this approach a modified (B) with Sundance planning to build and finance the infrastructure itself as well as the mine?!? Who is to finance the infrastructure, surely there are a number of interested parties in the region that could get together to finance and build common-use infrastructure?

Regards