Great find Brennen. It highlights Conti's vision. There are some mighty tough criteria there though.
Investors wishing to extract the coal reserves are supposed to prove their ability to raise investment funds in excess of $100 million (Sh8 billion). According to the conditions spelt out by the government, they must also demonstrate evidence of technical capability and a history of coal mining in at least three developing countries.
And even if we are pre qualified - look at the competition!
Vale Inc of Brazil, BHP Bilton of South Africa, Coal India, TATA Power of India and China Nomation Machine & Export Corporation.>
I wonder if we're going for it through a JV with BHP?
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Great find Brennen. It highlights Conti's vision. There are some...
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