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Dear SirProject ski resort of $ 250m and the project of the sea resort of $ 250m are connected to one project for a total of $ 500m or as is proposed 60% of capacity for $ 315m.The reason for the merger is more to build and increase use of total capacity because will be built more (construction is cheaper at mountain in Bosnia ) and used capacity of ski resort in the summer season.The project can be funded and built whole or as is proposed or in the first year the sea resort or parallel.Of course, 1) land can be monetized to cover obtaining guarantees for the loan or 2) the project can be financed with a JV partner 100 % equity funding to share equity stake in the project.Attached executive summary .Best RegardsAnto HrnjakKupres ski d.o.o.kupres-skitel.net.bawww.skiresortstozer.com
