KPO 27.3% 0.8¢ kalina power limited

Ann: Start Up Complete at Sinopec Hainan, page-22

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    I don't think so Rob, have a look at the announcement from 24 February 2017 : Update on Hainan Project entering final phase 22866077

    One of the key messages is that "documentation had been executed formalising Kalina's role and reimbursement including finalisation of a payment schedule".

    "Details the terms on how funds received from Sinopec shall be applied."
    "The Company expects reimbursement for a significant portion of its project support costs as well as payment of its technology fee."

    I've looked through the 4Cs subsequent to this and can't see anything specifically that would suggest payment from Sinopec or through SSNE. And to be honest it wouldn't really make sense to see payments to Kalina occurring before handover. Someone like @Vitor might have more insight into this?

    So if it is booked following handover and lands in this 4C we still might get a late Christmas present???
    If not this 4C, then almost certainly the March quarter.
 
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