DKL9 Jul 2019 08:25
With options being put in place the main production is scheduled to be June 2020, so eight adding to your watchlist
is pleased to provide an update on activity at the 10,000 tpa (expandable to 30,000 tpa) raw cashew nut ('RCN') processing project at Tiebissou in Côte d'Ivoire (the 'Project'), including the commencement of construction works at the site. Construction is due to take 12 months to complete with first production expected in June 2020. Once operational, Tiebissou will be DekelOil's second producing project in Cote d'Ivoire, alongside its Ayenouan palm oil project. Tiebissou is being developed by Capro CI SA, a wholly owned subsidiary of Pearlside Holdings Ltd ('Pearlside'), in which DekelOil has a 37.8% shareholding together with an option to acquire a further 17% interest.