FLC fluence corporation limited
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Ann: Ivory Coast slightly delayed, Q2 cashflow improvements, page-24

  1. funbelievable
    1,164 Posts.
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    22/06/20
    09:37
    Post #: 45360412
    Is it the delays causing your concern?
    given the MoU was signed late 2017, delays in a project of this scale and the number of parties involved is not surprising any more, especially during a global pandemic

    There is a lot written about Ivory Coast water issues and a current World Bank funding project, see https://www.worldbank.org/en/news/press-release/2019/06/27/cote-divoire-receives-150-million-to-improve-water-supply-and-sanitation-services-in-12-secondary-cities. So there is commitment to address issues.

    Given current payment due for the project, they are already 20% in, the hard part is done, the rest is executing.

    FLC Price at posting: 26.5¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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