Wheels in motion, page-85

I see from the from Ken Court to Li Ping Oakajee article in Business News that Grace posted and from the company’s own announcements that the author of this piece (Duncan Calder / Contour Capital) has been working for ANS and as Praetor noted he is also the author of the “Time to Open Up the MidWest” article posted earlier this year. If you read this latest BRI post on LinkedIn - as I did - you will see that the leaders of lots of the Chinese companies in Perth liked his comments as did the MD of Sundance itself!  I see that he is also the former National President of the Australia China Business Council.

I would say that his insights would be well informed. Let’s hope that he is correct that the Sundance deal will be the sweetener that encourages the Chinese authorities to approve WAPRC to transfer $100m to our coffers. Then the SP should rock and roll!

Unlike some on this site, I am not worried about the balance of the capex funding for Mbalam - because if the $100m comes in that means the Chinese Authorities are down with this project and strategy and that debt funding - likely buyers credit - linked to construction contracts with Chinese state owned companies is virtually assured.