RE: Timelines going forward31 Jan 2019 18:06
Good evening hedger. GCM and Power China spent weeks in negotiations before announcing their joint venture. As I have stated before, several times. You do not announce your intention to go ahead with a project worth tens of billions of dollars without doing an awful lot of homework. The need for funding, permissions, timetable for construction, etc, will have been thoroughly discussed and is no doubt all in hand. If not, someone dropped a gigantic clanger by agreeing to a public announcement in the Capital, press releases, an RNS etc etc . Do we really think Power China and GCM made a mistake of such costly and gigantic proportion???.. DYOR. good luck