DML 0.00% 1.9¢ discovery metals limited

Castlepines....Tunisia Economic City project

  1. 2,107 Posts.
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    I was researching and found this 5 month old news but quite interesting....

    Castlepines signs MoA with Tunisia Economic City....$50 Billion size! This project is waiting Tunisian govt approval I think......very promising, something like Dubai Free Zones and Dubai Internet city in UAE.

    http://www.tunisiaec.com/2310/castlepines-global-equity-eyes-tunisia-economic-city



    Recently, US based Centrebridge partners tookover Aussie Billabong and Indian Suzlon Energy's German arm.....when Investment companies are in the acquisition spree, Castlepines will take a safe approach of executing a USD 110M loan (subject to DD) that will leave them with 34% interest in the Botswana project, also take the other 66% of DCB as collateral absolutely little or no risk to them.

    What do you think folks... all opinions welcome!
 
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