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Re: sylvia07 post# 49933

Saturday, 05/25/2019 10:38:25 AM

Saturday, May 25, 2019 10:38:25 AM

Post# of 50725
From the last PR, they had an LOI with Madagascar for a 450MW clean coal power plant and an 18MW Hydropower plant with Angola...one of the members of the team is from there too I believe
Madagascar's project was in intial stages in 2017, Angola project had feasibility studies submitted June 15 2017 with potential groundbreaking in Q1 2018.
They've been silent for a long time and o/s increased only 300M since 2017 Q1. No one knows the nature of the progress they have made on their deals, could be constructed, in construction or just finalized. But they are still in the updated Power Africa ring and have NDAs with certain Power Africa companies as well.
I for one am excited to see where things stand and am excited for the forthcoming PR detailing the latest

http://dominovasenergy.com/dominovas-ceo-provides-critical-update-to-shareholders/


 "Certainly, I understand shareholders impatience when it comes to quantifiable results, but infrastructure projects that by contract will generate revenue for 20-30 years after completion are projects that I feel will generate the quantifiable value that shareholders expect and deserve."

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