NOTHING TO BE WRITTEN IN THIS MARGIN
Tel IC (Cont.)
Telegram No.
to
ASTON BTC HONG KONG
THE ABOVE POSITION IS KNOWN TO THE BRITISH GROUP, AS
THE CABLE ITSELF INDICATES THOUGH OUR DISCUSSION WITH
THEM INDICATES A POSSIBLY SI GNIFICANT DIFFERENCE OF
EMPHASIS IN RELATION TO THE PARAGRAPH (B) OF THE
ABOVE CABLE. OUR UNDERSTANDING FROM THE GROUP OF THE
ARRANGEMENTS REACHED IN RELATION TO COSTING WERE THAT
THE ASSUMPTIONS AND DATA USED BY THE CONSULTANTS IN
THEIR FEBRUARY 1970 REPORT WOULD BE MADE AVAILABLE TO
THE COMPETITORS WHO WOULD MAKE THEIR OWN ASSESSMENTS
OF THE FIUURES ON THE BASES ADOPTED BY THE CONSULTANTS,
UP-DATED TO MID-1972. FURTHERMORE THE COMPETITORS
WOULD EACH CONSIDER THE LIKELY COST IMPACT OF TECH-
NOLOGICAL VARIATIONS WHICH THEY THEMSELVES HAD IN
MIND, LIKEWISE UP-DATED TO MID-1972.
THIS DOES NOT SEEM TO SQUARE WITH THE REFERENCES TO
"PRICING PHILOSOPHY" BUT THE BRITISH GROUP IS QUITE
CLEAR ABOUT THE TERMS OF THE ARRANGEMENT REACHED AND
ARE PROCEEDING ON THAT BASIS.
ACCORDINGLY THIS DOES
NOT CALL FOR ACTION ON YOUR PART AT THE PRESENT
MOMENT.
WATSON, OPG, DTI.
DO NOT TYPE ON REVERSE OF THIS FORM
Signature of Originator
EACH SHEET to be signed by the Originator
Loov hakim