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    The answers to both questions are simple - there is not yet a definate answer.

    The answer Vic would like to get to the first one will depend on the market rates at the time the financing is sought. he did answer it as directly as he could. he said that the Port offer a secured long term cashflow that would be attractive on the bond markets to those looking for security. The means the interest rates paid will be at the low end of the spectrum as an investment grade opportunity. This would be attactive to insurance companies who will need to secure low risk income sources. I have no doubt that the finance man does have an idea of what it would be in the current market but commercially would be wise to say nothing.

    As for the trucks - we are a long way from the stage where such matters would be decided by the Managment Board and therefore is unanswerable.

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