Kwale Project is 50% complete and on schedule for practical completion in Q3 2013.
• Initial US$52 million drawdown on the Kwale Debt Finance Facility completed on
22nd November 2012.
• Successful completion of A$40 million capital raising to complete funding package.
• Kenyan Attorney General confirms that the Local Equity Participation Regulations cannot
be applied to the Kwale Project.
I'm a big believer in electrical vehicles and they've come a long way and are still progressing, one of the cleanest forms of transport on the planet, they are the future.
I originally bought in at 17p circa 3 yrs ago and here we are heading south towards that price once more
Hard to believe now but this was one of my fave shares back in the day (as the yanks would say)!
As part of a service that dealt with this company all I can say is who where they trying to kid. Big promises and no money to see it through, what a joke.