PP BTC HONG KONG
CPS 200A
CYPHER CAT A
FM DOT 141321Z
HKGP
HIK 6+
BENLO MINGGALA
7
21 NOV
INDE
CONFIDENTIAL
TO PRIORITY BTC HONG KONG TELNO CREDA 349 OF 14 NOVEMBER.
POWER STATION PROJECT.
IL
239
PA
Acton Taken
f:
ELECTROWATT ARE DUE TO PRESENT OUTLINE CONCLUSIONS TO CLP/ PEPCO THIS WEEK. PLEASE TRY TO OBTAIN COPY OF REPORT AND TELEX MAIN POINTS TO US IF ANYONE WILL MAKE COPY FORMALLY OR INFORMALLY AVAILABLE TO YOU. WE SHALL OF COURSE SEEK TO OBTAIN COPY HERE.
2. ELECTROWATT DECLINED LIPPITT'S OFFER (AS AGREED WITH CLP/PEPCO) OF ELUCIDATION OF OUR PACKAGE, IF THIS WOULD HELP THEM. COMPANY FELT THEY HAD ENOUGH TO GO ON BUT SAID THEY MIGHT WELL COME TOWARDS END NOVEMBER FOR CONFIRMATION THAT THEY HAD CORRECTLY INTERPRETED OUR PACKAGE. PLEASE INFORM STONES AS WE PROMISED TO LET CLP/PEPCO KNOW WHAT DEVELOPED.
3. RE FREIGHT COSTS, WE HOPE TO PROVIDE REVISED FIGURES VERY SHORTLY. FOR YOUR INFORMATION, HMG'S INVOLVEMENT HAS RESULTED IN SOME REDUCTION BUT WE HAVE NOT LOST HOPE OF SOMETHING BETTER.
4. WE ARE PREPARING DRAFT LETTER OF INTENT FOR CONSIDERATION BY CLP/PEPCO.
5. IN VIEW OF HOTEL DIFFICULTIES IN OCTOBER, WOULD IT NOT BE PRUDENT TO BOOK ROOMS FOR LIKELY DECEMBER VISIT? ASSUMING 15 DECEMBER DEADLINE I SUGGEST WE AIM TO START TALKS IN HONG KONG ON PREVIOUS MONDAY, 12 DECEMBER. ALTHOUGH EXACT RESERVATIONS MUST BE TENTATIVE, I SUGGEST BOOKING 15 ROOMS IN HONG KONG HOTEL FROM SATURDAY 10 DECEMBER. MACDONALD IC2
DOT