fiale project - some links, page-24

When the market goes quiet on EHR (no sellers today), I get a bit bored and do more research. Well, I found something else that might be of interest to EHR holders (and, hopefully, for those on the sidelines trying to decide whether to buy or not).

The following link is a few months old, but the dollar values and the dates are what caught my attention. In brief, the news article by Bloomberg announces that Djibouti will spend US$19.6m over a two year period exploring geothermal resources. The article is dated 13 October, 2011. Coincidentally, our directors, in their infinite wisdom, topped up their holdings on 12 October, 2011 after the EGM.

http://www.businessweek.com/news/2011-10-13/djibouti-will-spend-19-6-million-to-develop-geothermal-power.html