Tuesday, March 26, 2013 12:19:47 PM
...alot of deep reading for a man my age...
...so let's see if I have this correct :...
...PSPW is entitled to 75% of the concessions from Shala from the project...
...now the questions :...
1) When is the plant being built ; or is it already ongoing?...
2) What has PSPW, to this point actually put into the project? (Financial and / or shares consideration)?...and what more do they NEED to put in?
3) Is financing required for both Shala and PSPW individually or just the consortium which is led by F&R?...
...I hope you guys understand when my simple, barebones DD unearths a defunct Investment firm which is touted on this board in a "sticky" AND leaves me to dead ends with regard to who Shala Energy is, this leaves me with as many questions as answers...
...there are other issues as well...other red flags...but for another time, perhaps...
...and one last question :...
4) Is it possible that this project will never "get off the ground" or be completed without PSPW's involvement?...
...tia...Duke...
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