agl to acquire loy yang a power station and ad, page-13

Great post Pasboz. I am looking forward for the announcement in early march 2012!!!

http://hotcopper.com.au/announcements.asp?id=398106

The Company has been in confidential discussions with various parties to secure
on-going working capital and funding to build a single module Coldry production
facility of 500 tonnes per day capacity in the Latrobe Valley to prove the economics
of Coldry production in Victoria (Pre-Production Facility) as advised in the
Shareholder Update released to ASX on 30 January 2012. These discussions are
in an early stage and any disclosure of negotiating detail would be highly
misleading. The Company is proposing to hold a general meeting of shareholders in
April to seek approval at that meeting for its on-going capital raising requirements
and further detail of its funding requirements will be provided in notice of meeting to
be provided to shareholders in early March.