last JDA update - 20.3.1916 Apr 2019 16:29
concluded as follows:
"We are happy to report the continued progress in delivering the JDA, which is in the final stages of drafting and with all parties committing to get the JDA executed expeditiously. The JDA represents a material de-risking event for the Project and is now in the closing stages. The Project is at an advanced stage and the Company believes that it can offer a competitive and attractive power tariff to Mozambique. The Project will provide secure 24-hour power supply that will complement Mozambique's existing hydroelectric and solar power supply in the north of the country."