Chat25 Mar 2021 18:59
Had a quick look on one of my old holdings just now Sound (Snd) ....their bb is getting excited....was about 11% up at close....
Copy pasted off Snd bb
"Liquefied gas in Tendrara: for $ 25 million, Italfluid will operate the site.
The announcement is now official. Italfluid Geoenergy will be responsible for the design, construction, commissioning, and operation and maintenance of a liquefied natural gas (LNG) plant. The Italian company will work for the English group Sound Energy and will be accompanied by the Moroccan consulting firm Sinmarco.
$ 25 million: This is the investment set for the construction and operation of a liquefied gas (LNG) production unit in Tendrara, Figuig province.
The realization of this unit, learns Le3gram0 from informed sources, has been entrusted by the English group Sound Energy, holder of the Tendrara Reservoir Licence, according to the Hydrocarbon Code, to the Italian company Italfluid.
According to sources contacted by the media, Sinmarco consulting firm, which is headed by Ahmed Fouad El Filali, has been chosen to accompany the realization of this project.
The project entrusted to the Italians will be funded by US Bank Exim Bank, Italian Simest and other Moroccan banks.
Sinmarco will have to provide legal, tax and financial assistance throughout the project and operation of the LNG production unit.
The project is planned for 18 months and the gas production unit itself will be five years.
Liquefied gas in Tendrara: for $ 25 million, Italfluid will operate the site.
The announcement is now official. Italfluid Geoenergy will be responsible for the design, construction, commissioning, and operation and maintenance of a liquefied natural gas (LNG) plant. The Italian company will work for the English group Sound Energy and will be accompanied by the Moroccan consulting firm Sinmarco.
$ 25 million: This is the investment set for the construction and operation of a liquefied gas (LNG) production unit in Tendrara, Figuig province.
The realization of this unit, learns Le3gram0 from informed sources, has been entrusted by the English group Sound Energy, holder of the Tendrara Reservoir Licence, according to the Hydrocarbon Code, to the Italian company Italfluid.
According to sources contacted by the media, Sinmarco consulting firm, which is headed by Ahmed Fouad El Filali, has been chosen to accompany the realization of this project.
The project entrusted to the Italians will be funded by US Bank Exim Bank, Italian Simest and other Moroccan banks.
Sinmarco will have to provide legal, tax and financial assistance throughout the project and operation of the LNG production unit.
The project is planned for 18 months and the gas production unit itself will be five years."
End of copy/paste.
Never know, they could rise from the ashes?
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