time to reflect..again, page-3

HM,

Well done my friend - thank you - what a cracker of a post thumbs up.

The market is very rough at present and looking increasingly poor however Len has said working capital liquidity is not a problem. BG is a key to this and the credibility of the team is the foundation he works off.

I am not going to get fluffy about CXY although I am a very firm believer. You could not pick a worse time to get a project up and running in terms of debt and equity markets. This is the 'why' on the cap raising result.

In other respects we must remember that everybody likes to turn the switch on and for things to work - electricity is essential. All other market forces align in favor of CXY, rising cost of power, aging infrastructure, carbon issues, demand, demand , demand, etc all documented on this thread.

I believe China is the main driver because they can make things happen faster and cheaper. They have serious pollution & demand issues so when you combine this with political will and yuan to invest the market conditions should not be as much of a barrier as the SP might indicate.

It will not be easy however these guys will get there in my opinion. We should all wish them a safe journey for the benefit of all of us.

Cheers,
CW
DYOR