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Engineering, procurement, construction & management of crude oil refineries.

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Message: After the AGM..

Hi all, any word of financing for these projects mentioned during the AGM or hope of that being an upcoming NR?

It's great that a site location is secured, great that feasability study still underway, etc. But given the state of the market right now, and oil plunging below $80/barrel, who is able to or willing to put up any money???

IMO, if that question is still outstanding, no reason to resume trading - not that we have much further to fall but this will take the same beating every other junior oil and gas company has over the past month... thoughts?

Thanks,

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