Yes, I agree that it may take a little while, have been following closely the Tancoal Energy story, which is ATQ 70% and NDC 30% (Tanzanian Government), but they want Tancoal to be producing 400MW of power by 2012.
From the news, the government there is giving its full and utmost support to assist them also with the financing and development to materialize this project by late 2012.
Tancoal has the coal, they have the expertise (and proven themselves) and most importantly their project is of National Interest, which is a priority to develop it as quickly as possible.....
I wish some of the other companies I have invested in over there were in the same position!!!!
Work on the sums guys.
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