Hi Palm Tree, yes a deal in Sengkang would be very positive....and is needed asap IMO.
Waiken, you are correct that the interest on SE's loan will wipe out the profit, however I guess you could say to have spent circa $800m on a couple of projects that do not yet produce any income and still breakeven is better than it could be.
As soon as either of these projects come on stream we will be in the black and hopefully well in the black.
Ann: Preliminary Final Report, page-8
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