KPO 33.3% 0.4¢ kalina power limited

Ann: Half Year Report and Accounts - 31 December 2020, page-93

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    Anyone who has built a $75 million project in Canada understand the timeline and regulatory approvals required.These are exemplified if
    you are doing something that has never been done in Canada before.A realistic timeframe for a new mine on these approvals is two years.
    As this project does not require a mine the process is easier.
    They would not have come as far as they have in the approvals process if tier one engineering groups had not signed off.
    But drawing in a turbine and heat exchanger is one thing.Selecting suppliers who have the credentials and ability to supply not one, but many, is quite another.They require certainty on financing etc.
    All of these things are taking place and have been taking place over the last six months.
    We need to be patient for a little longer!
    Hopefully progress on the equipment selection front will signal the start in the SP run.
 
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