re: Ann: Significant Argentine Government Sup...
While not earth shattering, I drew some comfort that discussions on Copahue with the right people are happening. Govt funding initiatives or a supportive quote from an official would have added more weight, but all in all not too bad. Nice to see some news.
Time is ticking on Copahue to fund ground work for the summer, looking a bit tight…
By the way Djibouti is presenting the Assal geothermal project to the African Development Bank (ADB) board this Wed. The request is for USD258m and the ADB has expressed some support. I’d be interested to hear from the EHR board how unilateral developments such as this presentation, Sinopec and ENEL by our JV partner remain undiscussed with shareholders. The business in confidence line is wearing a bit thin.
ADF project doc (French,no English - so you'll need to translate with Google).