I wonder where WeiLi International Energy Group, will get the "four billion yuan." IMO, given their track record, financing will be next to impossible. Please don’t think the the PPA guarantees financing--it doesn’t. Solid, stable and reliable management combined with a rock solid business plan and a well documented excellent business history is required to get financing in these tough times. The JV DD didn’t yield financing, I wonder why?
I hate to be the lone contrarian voice here, but this company is seriously fighting an uphill battle to succeed. I'm convinced management cant make this happen. All of the great energy sector news doesnt change that.
GLTA