Sino Agro Food Inc (fka SIAF)

[viking86]

the 84m "promised" for year end 2012 at the Q2 CC is actually very close to what was "promised" ( better word is "projected") at the Q1 CC in May 2012, per transcript excerpt:

(2) Forecast for 2012 of Debt Financing

Having clarified the above, we like to move forward to let our shareholders inform and award of our estimates and forecast on our Debt Financing plans subjecting to Stock Market variations is projected as follows:

Total estimated Capital Expenditure for 2012 is about = US$103 Million

Estimated Ratio of Debt Financing against total Capital

Expenditure is between = 10 to 13%

Estimated Ratio of Net Shares issued for Debt Financing / Total issuance of shares = 10 to 12%

Estimated number of shares returned to treasury (to be retired) is about = 7 Million shares

Estimated Total issued and outstanding shares as at 31.12.2012 is around = 83 million shares

Estimated weighted average number of issued shares

as at 31.12.2012 is around = 70.5 to 73.5 Million shares

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