re: Ann: OXX: Grant of PEP 487 over the Derby... Lol,heres how we fund it.
The US Ex-Im Bank says it "assumes credit and country risks that the private sector is unable or unwilling to accept".
In return for the US government loan, Hancock Prospecting will purchase American mining and rail equipment from Caterpillar, General Electric and Atlas Copco. The Export-Import Bank says their involvement will "support" 3400 US jobs.
Read more: http://www.smh.com.au/business/mining-and-resources/gina-rinehart-the-corporate-welfare-queen-20140325-35eq3.html#ixzz2wvIDQFwP
Given all the fracking technology is American this avenue of credit should be a monty.
A couple of drill rigs on tick will work wonders LOL.
Raider
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