The $800 million is the construction cost. It will be spread across seven to eight years for the whole project, to bring it up to completion. So it's roughly $100 million a year. It would be small at the beginning while the engineering and design studies are done, and then it would go through a maximum while you actually did the construction, and then it would settle down to a slightly lower rate at the end. But it's over eight years.
On December 7th, 2007. See this statement in context.