RE: June is still the month28 May 2021 14:37
ROB: I agree it's a huge gamble ! My problem is 1: Harry had bad track record from his last job ,. 2) The media did say it was Final Warning but Harry never admitted, I think the previous warning could be Verbal during the meetings as Kefi claimed they had with EG official last month or so. Otherwise why the EG Official made specific attack on this so called " politically high profile project " that funding stories changes all the time and endless delay again and again ! 3) Why the local money never committed , why? Local should know better as this "$0-10m" is nothing using local currency , why did they jump into it?? 4) The EG official did stressed that those revoked licences will be put for international auction for the highest bidder , why NOT if I was the EG decision maker! 5) Finally Another potencial BIG risk is the military conflict btw Egypt and Ethiopia over the DAM project Finally, all the Infrastructure EG spend only ADD its auction value when comes to bidding war by the Majors I think !!! Well, I made decision and cut the big loss, so be it! GLA