from the newsletter

Extracts from the News Letter, evidence of happier times once we get regulatory approval:

"In order for us to access
further funds from EIG, we need to
secure regulatory approval and ensure
the Vista project is fully funded."

Unless poorly written, to gain access to further funds from EIG then need both conditions satisfied:

1. Reg approval; AND
2. project fully funded

another extract:
"Funding projects such as Vista involves
a significant capital investment—monies
which can be sourced from various
different providers, according to Wayne
Drier, Vice President, Strategy and
Development. In an effort to secure the
remaining funds for Vista, advanced
discussions continue with a number
of interested investors as we await
regulatory decisions."

you really have to want to see it, however i read it as final funding is available on regulatory approval.


the best is:
"though we continue to work collaboratively with Forge Group to streamline project expenditure while continuing with detailed engineering."

project optimization, this will slash capex... hopefully closing the perceived funding gap.

this newsletter is available on the co-website...

hopefully happy days.

also, No response yet to CPL's concerns raised to the AER on the hearing procedure.

good luck to all.