scroll to the bottom and open Parsons Brinkerhoff document at P42
There you will find costs of greenfield railways in S Aust.
The Oct 2015 cost study P7 suggests a railway cost of $ 523m
China Railway says the topography is easy to build on so use the lower cost figure and save 20 % = $ 101 m
Only $ 499 m more savings to be found.
IRD Price at posting:
11.0¢ Sentiment: Buy Disclosure: Held
