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Monday, October 20, 2014 3:47:17 PM
The Sri Lanka project was previously halted back in 2010 (see link below). Today's PR shows us that Sri Lanka is back in play, soon to be financed, and is almost ready to break ground with a specific site selected. This is HUGE progress and shows that governments believe in WERPO.
Sri Lanka Previously Halted in 2010
As for the whirlpool that we are stuck in, I think it has to do with a few reasons that members have already stated. If this news was released when the chart was holding the ascending line and above .01 we could have broken out. The timing is somewhat poor.
The information is good, but not good enough for the skeptics and those sitting on the sideline. What this PR does is tell us that WERPO is keeping us in the loop. They gave us China and the BOD before the merger. They gave us Kenya, Sri Lanka, and website updates post merger. I think this communication will keep coming and we'll soon have some solid numbers, details, financing, and news to break us out of the sub pennies.
Go BBRD WERPO!
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