Ann: Business Update , page-2

""Funding

Current estimates are that capital expenditure of approximately $170m will be required to establish a mining operation of 3mtpa DSO at Areas W and X. The Board’s preference is to fund that expenditure by maximising the level of project finance (utilising ore offtake arrangements)

with the balance from equity raisings.

The Company is in discussions with a number of Chinese steel producers, as well as a number of Australian based investors.""
quoted from business update 24--05--2012


dragon´s language is mandarine, more and more.

But never mandarine only, what an opportunity for minority shareholders of SHD.

gaga carolus 24--05--2012