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Re: cheloo03 post# 63053

Tuesday, 06/15/2010 3:25:09 PM

Tuesday, June 15, 2010 3:25:09 PM

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cheloo

If Vale pays 80 % of the 50 million dollar feasibility study who do you think will pay the remaining 20 %? That would be 10 million dollars. How does this compare with the drilling costs of less than one million dollars to be paid by Vale?
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